As a design partner of the Eurex Partnership Program, we highly appreciate the inclusion of Repo as it offers us an additional alternative to clear our EUR-denominated Repos.
Peter Fejfer Nielsen,
Head of EMEA Finance Desk at Citigroup
The Financial Market Association AEFMA Germany welcomes the extension of Eurex’s Partnership Program to Repo. The increased liquidity in German Bunds is very important for the EUR-Repo Market, given the need for an alternative central clearer within the EU 27.
Chairman of the Allied European Financial Markets Association (AEFMA) Germany
Continued high demand for HQLA collateral combined with a concentration of settlement in Europe requires strong sources of market liquidity. The linkage between custody, triparty, CCP and electronic trading are key to achieve this high degree of market efficiency. Commerzbank as a key driver of digital innovation joint the Eurex Partnership Program Repo in order to ensure operational readiness towards the next level of Liquidity/HQLA management.
Head of Group Treasury at Commerzbank
The new enhancements to Eurex Repo aim to increase the balance sheet netting opportunities and optimize margin requirements for Clearing Members. As one of the first members of the Eurex Clearing Partnership Program, we welcome this initiative and the exciting development for the industry.
Head of EMEA FI financing at J.P. Morgan
As one of the leading Repo and Securities Lending houses in Germany, we welcome Eurex’s Partnership Program to offer an alternative solution for trading and clearing of our EUR-denominated Repos within the EU27.
Head of Collateral Trading and FX at DekaBank
With this initiative, Eurex Repo together with Eurex Clearing offers us an alternative for clearing European government bonds and in particular Bund-Repos via Eurex Clearing. Furthermore, it helps to manage our balance sheet with more netting opportunities.
Head of Securities Financing at Landesbank Baden- Württemberg (LBBW)
J.P. Morgan has been an early supporter and design partner for the OTC interest rate derivatives clearing segment of the Partnership Program. We welcome the planned extension of this successful program which is aimed at broadening market participants’ clearing options for the new asset classes and increasing resiliency.
Co-Head of Global Rates Trading, J.P. Morgan
The extension of the Eurex Partnership Program to Repo is a logical step for Eurex Clearing to complete the value proposition for interest rate products. DZ Bank AG as a longstanding client of Eurex Repo is therefore very pleased to be involved and be a partner in this initiative tool.
Head of Money Market and Repo Trading at DZ Bank AG