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.
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.
The new partnerships with Clearstream, Euroclear and Iberclear will provide a single point of access to minimise cross-border hurdles.
BNY Mellon has taken an active role in promoting the cleared repo and securities lending markets to its buy-side clients globally.
LSEG units announce new deal for reporting of Securities Financing Transactions ahead of new regulations due in April next year.
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.