Wednesday December 2 2015

News Source: Global Exchanges

Focus: Credit Rating

Type: General




Deutsche Börse Group has announced that it has enhanced its securities lending services by linking a new agency lending service by Clearstream with Eurex Repo and Eurex Clearing. The new offering combines several elements of the broad Deutsche Börse value chain. The new service offers customers advantages in terms of capital efficiency, straight-through-processing and potential higher returns for lenders as they can maximise the yield on their assets in a low-risk environment.

The transaction between the lenders and the borrowers is managed by Clearstream as the agent lender and tri-party collateral agent via the Global Liquidity Hub. Eurex Repo’s SecLend market with its broad pan-European GC Pooling client base is the trading venue while Eurex Clearing will provide instant clearing as the central counterpart to both the lenders and the borrowers.

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