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HomeGlossary → 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
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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
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ICMA appoints co-heads for market practice and regulatory policy team

Andy Hill and Natalie Westerbarkey will become members of ICMA's executive committee as they enter their new role as co-heads
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TMX Group and Clearstream launch Canadian Collateral Management Service

The trades were conducted by BMO, CIBC, RBC, Scotiabank and TD
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BCBS proposes action on “window dressing” in G-SIB reporting

Basel Committee considers requiring banks falling into scope of the Global Systemically Important Bank (G-SIB) framework to report G-SIB indicators based on average values over the reporting year, rather than by using year-end values
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Deutsche Börse Group completes FundsDLT acquisition

The increase was predominantly led by the acquisition of global software company Simcorp, which delivered net revenue volumes of €198 million in Q4
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Fnality processes live payments across its Sterling payments system

These initial live payments, in the first phase of its DLT-based digital financial market infrastructure and regulated payments rails, were processed via an omnibus account held by £FPS in the Bank of England’s RTGS system
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Fnality raises £77.7 million in Series B funding

This fundraising round for the digital payments fintech was led by Goldman Sachs and BNP Paribas with involvement from DTCC, Euroclear, Nomura, WisdomTree and a number of other investors
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Deutsche Bank confirms Nick Bone appointment

Deutsche Bank has officially confirmed that Nicholas Bone has been appointed to the newly created role of head of sales, UK, Middle East and Africa for Securities Services