Nearly every element of the post-financial crisis regulatory reform seems to impact the repo market adversely. Measures such as the Leverage Ratio and G-SIB requirements place significant constraints on repo trading and force banks to ration their scarce balance sheet capacity. Alongside the interbank market challenges, the constraints have a substantial impact on buy-side clients because of the directional nature of their repo trading. 

Clearinghouses can offer significant relief through multilateral netting. With Eurex's innovative ISA Direct's buy-side clearing models, there are substantial capital savings opportunities and relief from banks' regulatory constraints. Eurex's Indemnified Clearing model, the latest extension to the ISA Direct suite, further extends the range of eligible counterparties. Now, entities that don't fulfil the ISA Direct eligibility criteria, e.g., non-EU regulated funds, can directly access the clearinghouse. Therefore, the entire universe of buy-side clients, ranging from traditional real money to more leveraged accounts, can now expand their cash & collateral management toolkit through centrally cleared (reverse) repos at Eurex Clearing. Join our webcast to learn how you can benefit from improved repo liquidity & capacity, streamlined operational processes and reduced risk.

In this webcast, moderator Cornelius Müller (Head of Marketing, Eurex) hosts a roundtable discussion with our in-house experts:

• Clive D'Souza, Expert Regulatory & Capital, Eurex
• Frank Odendall, Head of Funding & Financing Product & Business Development, Eurex
• Philip Simons, Head of Fixed Income Sales, Eurex.

 The webcast will be a live event. Questions for the participants are welcome.
  

Date:

Tuesday, 20 July 2021

Time:

10:00 AM New York

03:00 PM London

04:00 PM Frankfurt

Duration:

30 minutes roundtable followed by 15 minutes Q&A possibility