Market Concept
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 | Process flow of a Euro Repo trade 1) Bank A quotes 2) Bank B accepts 3) A trade is generated. Eurex Clearing is now the legal counterparty 4) Eurex Repo transmits the trading data to Eurex Clearing 5) Eurex Clearing sends a confirmation to Eurex Repo 6) Eurex Repo sends a confirmation to the participants 7) Eurex Clearing transmits settlement information either to Clearstream Banking or to Euroclear 8) Margin deposit with Clearstream Banking Frankfurt or at SIS, SegaInterSettle |
