Tag: repo

  • HSBC goes dwell on Broadridge’s newly launched sponsored repo answer

    Additional increasing the community throughout the worldwide repo market, Fintech firm Broadridge Monetary Options, Inc. (NYSE:BR) right now introduced that HSBC is the subsequent shopper to efficiently go dwell on the newly launched sponsored repo answer constructed on Broadridge’s DLT enabled Distributed Ledger Repo (DLR) platform. Leveraging the platform’s preliminary successes and harnessing its increasing…

  • UBS, SBI, DBS launch dwell repo transaction with natively-issued digital bond on public blockchain

    UBS, SBI and DBS have launched the world’s first dwell repurchase transaction (repo) with a natively-issued digital bond on a public blockchain. The transaction routinely and immediately settled a repo, digital bond buy and redemption utilizing regulated digital fee tokens, throughout regulated entities positioned in three totally different jurisdictions (Japan, Singapore, Switzerland). Carried out as…

  • BrokerTec unveils new alternatives to commerce European repo as unfold to €STR

    BrokerTec, a number one supplier of digital buying and selling platforms and expertise companies in fastened earnings markets, at present introduced a spread of latest alternatives to commerce European repo as a diffusion to the Euro Brief-Time period Charge (€STR). The brand new performance provides extra flexibility to shoppers, with environment friendly hedging for time…

  • Clearstream and Consort1 develop repo market entry with secured deposit service

    Clearstream, along with repo and securities lending-specialised fintech Consort1, enabled the location of secured deposits as tri-party custody agent. The position was finished in collaboration with Customary Chartered Financial institution, NatWest, Alpha Group, BankClarity, and Arlingclose, with Gloucestershire County Council being among the many first UK native authorities to utilise the brand new service. This…

  • SIX proclaims go dwell of BME Clearing on CO:RE Repo Market

    SIX Repo proclaims the go dwell of BME Clearing on the CO:RE Repo Market. As a participant, BME Clearing advantages from a liquid market and the complete worth chain. BME Clearing is becoming a member of a market with a rising urge for food for international, non-CHF currencies and, as a money supplier, BME Clearing…

  • DRW, SocGen execute intraday repo transactions on Broadridge’s DLR platform

    Broadridge Monetary Options, Inc. (NYSE:BR) at present introduced that DRW, Societe Generale and one other world tier 1 financial institution have efficiently executed intraday repo transactions on Broadridge’s Distributed Ledger Repo (DLR) platform. These newest transactions construct on the momentum of DLR’s first intraday repo transaction in April 2023 and additional expands the community throughout…

  • State Avenue executes first centrally cleared repo trades in Europe at Eurex

    State Avenue has chosen Eurex as the primary clearing home exterior the U.S. to commerce and centrally clear repo transactions. The onboarding of one of many world’s largest custodian banks is one other milestone for Eurex’s cleared repo markets. First transactions have already been efficiently executed. State Avenue has joined Eurex by way of its…