HSBC and BEA carry out first repo trade in Hong Kong using digital bonds
The repo transaction uses collateral from the largest digital bond issuance globally and the ‘first-ever’ multi-currency digital bond issuance.
Tag: repo
LCH adds Euro repo to buy-side sponsored clearing model
Buy-side firms using RepoClear will now have direct access to clearing across 13 Euro debt markets and LCH’s basket repo clearing service, €GCPlus.
Eurex expands direct access for hedge funds to cleared repo business
According to Eurex, giving a greater range of market participants direct clearing house access will deliver tangible efficiencies to their repo operations.
Broadridge looks to transform repo trading with launch of new blockchain-based platform
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
BNY Mellon to give access to FICC sponsored cleared repo
The move will enable its institutional investor clients to invest in a wider variety of short-end investment products that they would not previously had access too.
AXA Investment Managers joins global peer-to-peer financing association as newest member
With a lendable asset base of more than €250 billion, AXA IM is the second European beneficial owner to join the GPFA.
State Street expands buy-side peer-to-peer trading suite with new repo solution
The new capability is the next step in State Street’s goal to encourage buy-side clients sto participate in peer-to-peer trading activities in the securities finance market.
Clearstream and Eurex roll out capital savings initiative for European repo market
The move could provide significant savings for banks that have faced increased regulatory costs to trade in the balance sheet-intensive repo market.
JP Morgan uses blockchain for repo trade after tests with Goldman Sachs, BNY Mellon
The repo trade used its in-house developed blockchain application, Onyx, supported by instantaneous settlement to swap digitised US Treasury bonds for JPM Coin
Peer power
Earlier this year four of North America’s largest pension funds set up a new association aimed at encouraging beneficial owners to take up peer-to-peer securities lending activities. Joe Parsons asks whether it is finally time for peer-to-peer trading to take off.