Tag: buy-in

Asset managers and pension funds have expressed concerns the CSDR mandatory buy-in regime will impact liquidity and increase costs.

The newly formed Eurex Securities Transactions Services, a subsidiary company of Deutsche Boerse, will offer the buy-in agent service.

Incoming regulation requires a third-party buy-in agent in cases of settlement fail.

This rules will require firms that are taking on settlement themselves, and not through a CSD or sub-custodian, to report data on a quarterly basis.