BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced a range of new opportunities to trade European repo as a spread to the Euro Short-Term Rate (€STR).
The new functionality offers more flexibility to clients, with efficient hedging for term repo trading in a fluctuating interest rate environment. Clients can clear the trades with LCH RepoClear SA.
“In today’s uncertain interest rate environment, clients are seeking new tools to trade term repo,” said John Edwards, Global Head of BrokerTec. “This enhancement expands on our industry-leading central limit order book for trading European repo, with clearing available from day one to support the industry’s need for efficient electronic trading.”
The enhancement from BrokerTec…
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