Glossary | Securities Finance Times

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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

Industry
FICC’s Government Securities Division reports 30% YoY jump in daily activity

FICC’s Sponsored Service saw a new peak volume of US$1.4 trillion on 15 August, a 78 per cent growth YoY

Regulation
ISLA and ICMA publish GMRA Digital Assets Annex

The association looks to bring consistency to the legal terms used by market participants when trading certain digital assets under the GMRA 2011 and 2010

Industry
ICMA releases new GMRA legal opinion for Ghana

The legal opinion covers the enforceability of the netting provisions of the GMRA, and the validity of the GMRA as a whole, under the laws of Ghana

Repo
US repo volume up 8% YoY for July, with EU repo stable, says BrokerTec

Growth in US repo ADNV was fuelled by record levels in money market fund assets and reduced cash in the overnight RRP since 28 June, BrokerTec reports

People moves
Eurex enlists Lehtonen as Vice President

Elina Lehtonen brings more than five years of experience in financial services to the role

Industry
Tradeweb reports 25.3% rise YoY in repo ADV for July

Repo average daily volume jumped 25.3 per cent year-over-year to US$621.81 billion for July

Repo
Eurex Repo average daily volume up 12% YoY for July

This increase was driven by a rise in average daily term-adjusted volume for both GC Pooling and special repo, as Eurex reports

Technology
UBS and CIBC execute ‘world’s first’ intraday FX swap on regulated venue

The EUR/USD FX swap, negotiated using the Finteum Platform and executed on the TP ICAP UK MTF, was completed within minutes