This was driven by an 63 per cent YoY rise in GC Pooling average term-adjusted volume to €319.1 billion, and a 53 per cent YoY increase in special repo to €295.3 billion
The milestone featured Clearstream Banking as issuer, Deutsche Bank’s London Branch as issuing and paying agent, UBS Investment Bank as dealer, and Citigroup Global Markets Limited as arranger
Through its membership, ISLA will contribute to discussions on the practical applications of distributed ledger technology and digital infrastructure within securities lending
The service will cover specific EU, Swiss, and UK government and corporate bonds for all lenders and borrowers, and will extend to US Treasuries and US corporate bonds for non‑US participants
The partnership seeks to offer eligible clients a more secure and capital-efficient way of accessing digital asset liquidity through the Spotex institutional electronic communication network
Ed Corral will lead initiatives at the intersection of traditional and decentralised finance, with a particular focus on collateral mobility and optimisation through tokenisation