Yieldbroker announces its phase 1 launch of AUD repo for the Interdealer market

SYDNEY – 4 December 2017

This AUD repo offering will allow dealers to view live co-mingled repo rates, post passive orders, aggress and execute on resting liquidity, allocate and process trades – all on one platform allowing for operational efficiencies and assured execution.

Phase 2, expected in the first half of 2018, will incorporate additional functionality including RBA and custom dates, transact/close out open trades and the ability to manage unwinds and substitutions. Dealer-to-client trading via Request-For-Quote (RFQ) and Tri-Party Repo in partnership with the ASX will be introduced later in 2018.

Key features of the Phase 1 AUD Repo platform are:

  • General Collateral (GC) securities
  • Term dates
  • Fixed and floating rate repos
  • Built-in GMRA (Global Master Repurchase Agreement) counterparty selection
  • Straight-Through-Processing

If you have any questions, or would like to arrange training or platform access, please contact the Business Development team at BusinessDevGroup@yieldbroker.com

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