Greek HDAT System Announce Changes To Repo Transactions

As of Monday 10 January 2005, the Greek HDAT system will implement a number of changes in all repo sections. Among the changes, the lot size will be increased to 1,000,000 euro (from 500,000 euro), the minimum quote quantity and

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As of Monday 10 January 2005, the Greek HDAT system will implement a number of changes in all repo sections.

Among the changes, the lot size will be increased to 1,000,000 euro (from 500,000 euro), the minimum quote quantity and the minimum order quantity will be decreased to 5 lots (from 10 lots), the dispatch numbers will be reset, for domestic members the dispatch number will start from 200,000 and for the foreign members will start from 500,000, according to a Bank of Greece news release.

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