Wednesday January 15 2014
News Source: Global Exchanges
Focus: Money Market Funds
Type: General
Country: European Union
Link: http://www.eurexclearing.com/clearing-en/about-us/news/779788/
Eurex Clearing has extended its collateral services by providing direct connectivity into Clearstream’s tri-party collateral management service, known as the Global Liquidity Hub. Through this link to the triparty collateral management engine of the International Central Securities Depository (ICSD) Clearstream Banking Luxembourg, Eurex Clearing members are able to deposit and use securities collateral to cover their respective risk exposure within a highly-automated and efficient collateral environment. This new service also supports clearing members in pooling their collateral portfolio within the Global Liquidity Hub efficiently across different counterparts and services.
Click on above link for further details.