Euroclear’s Collateral Highway races ahead
27 January 2016 Brussels
Image: Shutterstock
Euroclear’s Collateral Highway mobilised an average of €1.06 trillion in collateralised transactions daily in 2015, a 20 percent increase over the prior year.
The group’s operating results for 2015 revealed that client assets held in safekeeping reached €27.5 trillion.
Euroclear delivered an all-time high of €674.7 trillion in the value of securities processed, as well as a record level of collateral outstandings at more than €1 trillion.
Joint venture DTCC-Euroclear GlobalColateral will also launch the Collateral Margin Utility this year, in a bid to connect the Collateral Highway and Depository Trust & Clearing Corporation’s collateral pools.
Tim Howell, CEO of Euroclear, said: “Euroclear has delivered another robust operating performance in 2015, benefitting from continued investments in both traditional products and new services such as the Collateral Highway.”
“We continue to support the development of efficient and stable capital markets. We are resolute in our commitment to deliver the regulatory-driven initiatives in our European franchise, as well as providing new capabilities and services to clients around the globe.”
The group’s operating results for 2015 revealed that client assets held in safekeeping reached €27.5 trillion.
Euroclear delivered an all-time high of €674.7 trillion in the value of securities processed, as well as a record level of collateral outstandings at more than €1 trillion.
Joint venture DTCC-Euroclear GlobalColateral will also launch the Collateral Margin Utility this year, in a bid to connect the Collateral Highway and Depository Trust & Clearing Corporation’s collateral pools.
Tim Howell, CEO of Euroclear, said: “Euroclear has delivered another robust operating performance in 2015, benefitting from continued investments in both traditional products and new services such as the Collateral Highway.”
“We continue to support the development of efficient and stable capital markets. We are resolute in our commitment to deliver the regulatory-driven initiatives in our European franchise, as well as providing new capabilities and services to clients around the globe.”
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