Eurex Clearing has expanded its Partnership Program to cover the repo segment. The design of the program extension is complementary to the OTC interest rate derivatives segment, which started in January 2018. As part of its partnership program Eurex Clearing shares governance and economics with the most active program participants.
For the repo segment, the aim of the program is to increase choice and efficiency for market participants in Special Repo and General Collateral instruments and to foster adoption and growth in the dealer-to-client repo business. The highly efficient set-up of Eurex Clearing with a state of the art technology and risk management platform is the foundation for making this program a success for all stakeholders and the market as a whole.
How does Eurex Clearing’s Partnership Program work?
The ten most active program participants will be eligible for a significant share in the economics of the Special Repo and General Collateral offering of Eurex Clearing on a permanent basis. In addition, these clients will be included in the governance and committee structure of Eurex Clearing AG. Participation is open to all Clearing Members and Disclosed Clients of Eurex Clearing.
The program’s key elements