A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
The journey towards a more efficient settlement model coincides with a trend toward increased automation with higher volume in the bond markets, the firm says
To enable clients to manage their digital asset portfolios more nimbly in response to rapidly changing market conditions, DBS Digital Exchange will list sgBENJI alongside RLUSD
The transaction surpasses prior on-chain repo activities by providing near-instant, atomic settlement on a public blockchain, outside of traditional market hours, on weekends
The US Securities and Exchange Commission has issued answers to FAQs that broker-dealers have posed to the staff regarding the customer protection rule
The move aims to allow institutional users the additional choice to hold USYC and cUSDO off-exchange, access to the Binance platform, and receive yield on their pledged collateral
The Contingent Term Repo Facility allows access to a potential liquidity risk management tool for eligible investment funds to proactively manage their liquidity