Moving collateral takes only minutes, compared to hours or even days.
This deepens the integration of Chinese assets into the international financial infrastructure.
Fragmentation in EU cash equities clearing creates unnecessary costs.
The move marks a major expansion of Citi's precious metals business.
OTC Clear will be able to settle RMB funds directly via the Cross-Border Interbank Payment System.
Secured General Collateral notes are a step forward for Canada's short-term funding & collateral markets.
The expansion to 24x5 clearing is a critical enabler for continuous trading models.
They simulated the failure of a hypothetical common participant.
Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing.
