Commerzbank and Deutsche Börse have used distributed ledger technology to execute a legally binding settlement of a repo transaction for the first time
“2018 year-end saw a noticeable spike in settlement fails for securities settling on European central security depositories”, according to The International Capital Market Association’s European Repo and Collateral Council
The St. Petersburg Currency Exchange has launched exchange-traded repos with the Bank of Russia, using The National Settlement Depository’s collateral management system
Eurex Clearing has seen a “strong interest” in the repo extension of its partnership programme with 24 participants registering from the US, UK and continental Europe