A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
The repo market “performed its function of systemic stabiliser” by balancing the supply of and demand for short-term funding and liquidity, with “very little volatility” in rates, despite the war in the Gulf
Citadel Securities purchased a 2-year US Treasury note through BNY Tradeweb, and following execution, a tokenised representation of the security was recorded on BNY’s private digital ledger
By utilising HSBC’s clearing services, buy side firms can access a network that provides financing and cash investment capabilities across more than 14,000 eligible securities
By collaborating with Eurex and Clearstream, the bank provides an infrastructure designed to help financial institutions manage liquidity, borrow cash, and lend cash
This was driven by an 59 per cent YoY hike in GC Pooling average term-adjusted volume to €347.7 billion, and an 9 per cent YoY increase in special repo to €267.8 billion