Contact: Eurex Repo Sales
Importance: High priority
Eurex Clearing plans to expand its partnership program to cover the funding & financing (Repo) and foreign exchange (FX) segments. Eurex Repo is pleased to announce that the Eurex Repo Special / GC and Select Finance segment will now be part of the program and Eurex Repo participants receive the possibility to benefit from the advantages.
The decision to expand the program follows market consultations and is based on market demand to extend the successful industry partnership to promote innovation and competition in other asset classes and growth areas.
The Repo Partnership Program builds on the terms of the existing program for OTC IRD, adding a lean annex describing the repo specifics. The existing 32 program participants will receive the registration package within the following days.
Clients can benefit from the advantages of early registration by end of November 2018*. The program structure is similar to the design in the interest rate derivatives segment, where Eurex Clearing shares governance and economics with the 10 most active program participants on a perpetual basis.
Please find the press release here.
For further information, please do not hesitate to contact your Sales & Relationship Manager.
Your Eurex Repo Team
*Early Registration Multiplier applies, if program registration is executed prior to 30 November 2018 (multiplier will be applied each month throughout 2019).