Leading the Way

Global Asset Servicing News and Commentary

Home → Glossary → Repo

Glossary

Repo

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.

Repo News

DTCC launches new capabilities to service

These changes were made ahead of the SEC's deadline for mandatory clearing of covered US Treasury cash activity and repo activity, set for 31 March 2025

Industry
Hidden Road launches fixed income prime brokerage platform

The new platform will initially support fixed income repo and global funding services following the firm’s recent approval as an FICC clearing member

SEC extends clearing rule compliance deadlines

The Securities and Exchange Commission says this extension will provide additional time for further engagement on compliance, operational, and interpretive questions, and facilitate an orderly implementation of the rules

Euronext Clearing to enhance collateral management offering

Euronext has collaborated with Euroclear to support the development of collateral management services for repo and other asset classes

Pirum hires Cheyne to accelerate North American fixed income expansion

Former Citi director Reid Cheyne brings more than 25 years of securities finance and fixed income experience to the role

Industry
SIX expands its multicurrency swaps

This comes after the EMIR 3.0 Active Account requirement, where market participants are required to open active accounts at a European CCP

DTCC’s FICC enhances VaR Calculator Capabilities

The enhancements come amid firms across the industry preparing for the expansion of US Treasury Clearing in 2025 and 2026

Industry
Santander joins Eurex for listed FX business

The collaboration occurs from the aim to utilise listed FX derivatives as a tool to hedge the company’s portfolio performance