Securities collateral

Tri-party collateral services

As part of Clearstream’s Global Liquidity Hub, members are able to meet margin requirements via the triparty system CmaX operated by Clearstream Luxembourg with underlying CBF and CBL accounts.  
Automated facilities allow for optimal use of collateral and increase its liquidity, offering clients more efficient real-time asset management.

  • Automatic allocation of securities collateral according to pre-defined eligibility criteria
  • Automatic substitution of allocated securities, e.g. securities subject to corporate action events
  • Daily mark-to-market securities evaluation and comprehensive reporting by transaction and net exposure
  • Access to the GC pooling re-use functionality