State Street completes first Eurex Repo trade for MN
19 January 2026 Europe
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State Street Corporation has announced the completion of the first reverse repo trade for MN, one of the largest asset managers for Dutch pension funds.
The trade was completed through an enhanced service under the Eurex Select Invest Repo model.
In a newly designed structure, State Street acts on behalf of its clients to directly clear and settle reverse repo transactions using a centrally cleared counterpart (CCP) framework via Eurex Clearing.
Christian Sch眉tze, head of Financing Solutions Continental Europe at State Street, says: 鈥淲e鈥檙e delighted to launch our enhanced Eurex Select Invest model for Repo 鈥� developed in close collaboration with Eurex 鈥� and with MN as our first client.
鈥淭he model streamlines buy side access to the euro鈥慸enominated repo market and enables clients to trade independently with any of the current 170 market participants.鈥�
State Street can now enable the buy side to access the liquidity benefits of clearing, without the onerous onboarding, operational, and custodial requirements of a direct membership of a central securities depository.
Commenting on the milestone, Michael Jahn, product lead for repo at Eurex, adds: 鈥淭his marks an important step toward greater efficiency, flexibility, and liquidity for our clients.
鈥淭hrough this innovative service model, we aim to drive higher cash investor volumes and help improve both operational and economic outcomes.鈥�
The trade was completed through an enhanced service under the Eurex Select Invest Repo model.
In a newly designed structure, State Street acts on behalf of its clients to directly clear and settle reverse repo transactions using a centrally cleared counterpart (CCP) framework via Eurex Clearing.
Christian Sch眉tze, head of Financing Solutions Continental Europe at State Street, says: 鈥淲e鈥檙e delighted to launch our enhanced Eurex Select Invest model for Repo 鈥� developed in close collaboration with Eurex 鈥� and with MN as our first client.
鈥淭he model streamlines buy side access to the euro鈥慸enominated repo market and enables clients to trade independently with any of the current 170 market participants.鈥�
State Street can now enable the buy side to access the liquidity benefits of clearing, without the onerous onboarding, operational, and custodial requirements of a direct membership of a central securities depository.
Commenting on the milestone, Michael Jahn, product lead for repo at Eurex, adds: 鈥淭his marks an important step toward greater efficiency, flexibility, and liquidity for our clients.
鈥淭hrough this innovative service model, we aim to drive higher cash investor volumes and help improve both operational and economic outcomes.鈥�
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