The pilot, conducted in partnership with Natixis and Societe Generale, utilises distributed ledger technology in order to make complex processes “more secure, transparent and efficient”
The European repo market may be recovering from the severe lack of liquidity experienced at year end 2016, according the International Capital Market Association
The survey, which was the first of its kind carried out by ICMA and ASIFMA, found the majority of repo collateral was made up of Japanese government bonds
National Settlement Depository (NSD), Russia’s central securities depository, has begun using Bank of Russia repo trades as a component of the basket of Bank of Russia bonds (OBR)
The first trade comes a month after the US SEC approved rule changes allowing institutional investors to participate directly in the clearinghouse through CCIT membership
The association also point to increased automation of highly manual and labour-intensive processes of the market as a way to mitigate rising costs and create efficiencies
