The group has outlined its counterparty risk-dependent stance on tokenised collateral, preferring systemically important institutions to third or fourth-tier banks
The report warns that leverage, demand and supply imbalances, as well as high levels of concentration within repo markets, have the potential to create strains
For US Treasuries, ADNV in January was US$93.4 billion, despite US Treasury volatility remaining at multi-year lows, with the CME Group Volatility Index showing levels measuring a 34 per cent decrease in volatility
The Global Master Agreement for Repurchase Transactions is a widely-used market standard master agreement for repo transactions, published and maintained by ICMA
The firm joins as a sponsored member, increasing multilateral netting opportunities, delivering superior balance sheet, settlement, and risk reductions
Clearing members of LCH SA will now be able to settle all Italian government debt instruments at Clearstream, marking a step towards a more harmonised and integrated European capital market infrastructure
The fund will invest in a diversified portfolio of money market instruments, as defined by SEBI and RBI from time to time, with residual maturity of up to one year
In a newly designed structure, State Street acts on behalf of its clients to facilitate the direct clearing and settlement of reverse repo transactions using a CCP framework via Eurex Clearing
