This new functionality will be introduced mid October. It will remove a key limitation to the growth of the European market share of triparty repo in that it will make more collateral available.
There will be no limitations to participation with no restrictions on eligibility profiles, making it the first fully automated cross-quality and cross-product collateral “re-use” functionality offered by a triparty collateral agent.
This functionality will be possible across all Collateral Management Services where Clearstream acts as triparty agent including Triparty Repo, Triparty Securities Lending and any other exposure covered by more generic Triparty Collateral Management agreements. This new functionality is one in a series of product and service improvements to Cleastream’s Triparty Collateral Management suite.
The European repurchase agreement (“repo”) market is one of Europe’s premier financing tool for both banks and broker dealers with a size of over € 5.8 trillion in March 2006 according to the International Capital Markets Association (ICMA).
Clearstream pioneered the development of collateral management services, including triparty repo, in Europe by launching the world’s first such multi-currency service back in 1993 and is now a key part of the infrastructure for the settlement and collateralization of repo and securities lending trades.
Clearstream’s Global Securities Financing services, which include triparty repo, collateral management and securities lending, collectively experienced a rise of 33.6 percent for the first half of 2006 compared to the same period last year.
Contacts: Bruno Rossignol / Yolande Theis +352-243-31500, email@example.com / firstname.lastname@example.org
Media Relations | Gruppe Deutsche Boerse
Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik
The nearby, giant radio galaxy M87 hosts a supermassive black hole (BH) and is well-known for its bright jet dominating the spectrum over ten orders of magnitude in frequency. Due to its proximity, jet prominence, and the large black hole mass, M87 is the best laboratory for investigating the formation, acceleration, and collimation of relativistic jets. A research team led by Silke Britzen from the Max Planck Institute for Radio Astronomy in Bonn, Germany, has found strong indication for turbulent processes connecting the accretion disk and the jet of that galaxy providing insights into the longstanding problem of the origin of astrophysical jets.
Supermassive black holes form some of the most enigmatic phenomena in astrophysics. Their enormous energy output is supposed to be generated by the...
The probability to find a certain number of photons inside a laser pulse usually corresponds to a classical distribution of independent events, the so-called...
Microprocessors based on atomically thin materials hold the promise of the evolution of traditional processors as well as new applications in the field of flexible electronics. Now, a TU Wien research team led by Thomas Müller has made a breakthrough in this field as part of an ongoing research project.
Two-dimensional materials, or 2D materials for short, are extremely versatile, although – or often more precisely because – they are made up of just one or a...
Two researchers at Heidelberg University have developed a model system that enables a better understanding of the processes in a quantum-physical experiment...
Glaciers might seem rather inhospitable environments. However, they are home to a diverse and vibrant microbial community. It’s becoming increasingly clear that they play a bigger role in the carbon cycle than previously thought.
A new study, now published in the journal Nature Geoscience, shows how microbial communities in melting glaciers contribute to the Earth’s carbon cycle, a...
20.04.2017 | Event News
18.04.2017 | Event News
03.04.2017 | Event News
21.04.2017 | Physics and Astronomy
21.04.2017 | Health and Medicine
21.04.2017 | Physics and Astronomy