Glossary | Securities Finance Times

Leading the Way

Global Securities Finance News and Commentary

Glossary

General Collateral (GC)

High-quality securities that can be used as collateral in repurchase agreements and other transactions.

General Collateral (GC) News

Repo
CME BrokerTec reports 17% rise in US repo volumes

US repo recorded an average daily notional volume of US$313.5 billion in December, with EU repo declining 17 per cent to volumes of €267 billion

Repo
European Repo Survey reveals new record high for outstanding repo value

The total value outstanding of repos and reverse repos on the books of 61 institutions that took part in the survey hits a record high of €10,374.2 billion, a 12.8 per cent rise YoY and 7.2 per cent rise from the June 2022 survey

Repo
European repo market at 2021 year end: an orderly but expensive turn

ICMA ERCC report finds that euro repo markets were orderly from an operational standpoint, but the 2021 year end was the most expensive for core repo since 2016

Industry
First euro repo cleared via sponsored clearing model on RepoClear SA

RepoClear SA’s sponsored clearing service enables buy-side member firms to directly access repo clearing across 13 euro debt markets and €GCPlus

Industry
EquiLend introduces NGT platform enhancements

Users of the Next Generation Trading platform will have access to newly added benchmarks and enhanced GC validations functionality

Repo
DTCC’s FICC launches sponsored GC service

Initial trades on FICC’s sponsored GC service executed by Federated Hermes, BNY Mellon and J.P. Morgan Securities, enabling centrally cleared repo transactions to settle on BNY Mellon's tri-party platform

Repo
Eurex Repo sees growth while GC pooling volumes fall

GC pooling volumes were down 50 percent compared to the same month last year while the repo market sees a generous growth of 88 percent

Repo
Eurex sees the repo volume rise while GC Pooling falls

Eurex saw its repo market volumes increase by 50 percent YoY in October, while GC Pooling figures fell by 25 percent