Euroclear adds MUFG to collateral optimisation platform
MUFG becomes latest institution to adopt Euroclear’s optimisation platform amid growing focus on collateral efficiency.
MUFG becomes latest institution to adopt Euroclear’s optimisation platform amid growing focus on collateral efficiency.
Decision allows eligible broker-dealers and banks to access platform under specific conditions for 36 months.
Cboe Clear Europe’s Vikesh Patel, global head of clearing and president, and Jan Treuren, senior director, product say Europe’s central clearing of securities finance transactions adoption reflects timing and alignment rather than delay, driven by capital clarity, automation and client demand.
Executive brings close to two decades of experience across securities services, joining from a senior regional leadership role at HSBC.
Update adds collateral, securities lending and proxy voting capabilities alongside updates to existing applications.
HSBC and Santander complete same-day transaction as intraday repo capability expands beyond US dollar.
Mandate will see the custodian support the clearing house’s cash reinvestment activity through global agency repo services.
Major banks including Crédit Agricole CIB and Bank of China tap offshore Chinese government bonds for margining.
Former State Street APAC financing solutions head appointed to build out securities finance offering for institutional clients.
The service allows buy-side access to centrally cleared reverse repo transactions.