Select Finance at a glance: Simplifying funding and financing
Eurex Repo and Eurex Clearing provide buy-side clients with direct access to their cleared Repo markets through a Sponsor/Clearing Agent, which covers some of the clearing obligations (default fund contribution, auction bidding).
The Select Finance trading license provides buy-side clients, such as regulated financial service companies, insurance and reinsurance undertakings, pension funds, or investment funds, access to the GC Pooling, Special, and GC Repo segments.
Non-regulated and leveraged buy-side entities receive access, with the sponsor providing additional indemnification to the clearing house.
Select Finance at a glance: Simplifying funding and financing
Electronic Trading
Clearing
Settlement
Available Markets: GC Pooling, Special Repo, GC Repo
Trading hours: 07:30 – 18:00 (CET), Overnight (ON) cutoffs depending on segments and products
Multiple standard terms from overnight until three years
Trade Currencies:
Trade Execution: Request for Quote, Pre-arranged, Quote Upload to Order Book
Eligible GC Pooling Baskets: all baskets available
A Clearing Agent must be a General Repo Clearing Member of Eurex Clearing.
The Clearing Agent is required to provide at least the clearing fund contribution and default management bidding obligations on behalf of the Select Finance participant.
In addition, other cash, transaction, and collateral management services might be provided.
Contacts
Michael Jahn | Katja Renner | Eurex Repo Sales & Relationship Management |
