Market structure changes to shake up repo trading
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
Recent rule changes in the US during the past two years have to a major rise in aggregate cleared repo and reverse repo volumes.
Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
The DTCC’s FICC subsidiary has received approval from the SEC to expand central clearing in the repo market.