Euroclear’s Collateral Highway hits €1 trillion
27 March 2015 Brussels
Image: Shutterstock
Euroclear saw daily collateral outstanding peak at €1 trillion on its Collateral Highway at the end of last week.
The post-trade services provider said the peak is due to regulations and monetary policies creating demands for liquidity “as never before”.
“Thank you for choosing Euroclear and the Collateral Highway to help manage your collateral,” the provider said in an announcement.
“We greatly value the trust you have shown in us and will continue to work hard to develop our performance, security, ease of use and our partnerships, including with the liquidity ecosystem around Target2-Securities (T2S), so that you can continue to maximise your collateral value and meet your liquidity needs whenever and wherever they arise.”
Euroclear reported a 12.1 percent rise in collateral outstanding on Collateral Highway in 2014, when it reached €883.1 billion.
The provider expanded the range and involvement of market participants connected to Collateral Highway in 2014, easing collateral sourcing and mobilisation while increasing transparency and asset protection for all participants.
It also joined with the Depository Trust and Clearing Corporation (DTCC) and launched joint venture DTCC-Euroclear Global Collateral Limited in September 2014.
Euroclear CEO Tim Howell said in January: “Euroclear remains a leading market infrastructure that is relevant, reliable, resilient and profit moderated. Our performance over 2014 strengthens Euroclear’s pre-eminent role within the global post-trade ecosystem, and we remain well-positioned for future growth opportunities both in Europe and around the world.”
The post-trade services provider said the peak is due to regulations and monetary policies creating demands for liquidity “as never before”.
“Thank you for choosing Euroclear and the Collateral Highway to help manage your collateral,” the provider said in an announcement.
“We greatly value the trust you have shown in us and will continue to work hard to develop our performance, security, ease of use and our partnerships, including with the liquidity ecosystem around Target2-Securities (T2S), so that you can continue to maximise your collateral value and meet your liquidity needs whenever and wherever they arise.”
Euroclear reported a 12.1 percent rise in collateral outstanding on Collateral Highway in 2014, when it reached €883.1 billion.
The provider expanded the range and involvement of market participants connected to Collateral Highway in 2014, easing collateral sourcing and mobilisation while increasing transparency and asset protection for all participants.
It also joined with the Depository Trust and Clearing Corporation (DTCC) and launched joint venture DTCC-Euroclear Global Collateral Limited in September 2014.
Euroclear CEO Tim Howell said in January: “Euroclear remains a leading market infrastructure that is relevant, reliable, resilient and profit moderated. Our performance over 2014 strengthens Euroclear’s pre-eminent role within the global post-trade ecosystem, and we remain well-positioned for future growth opportunities both in Europe and around the world.”
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