GFF Summit: New repo opportunities on the buy side
(WorldNews Germany)

By Frank Odendall, Head of Repo and Securities Lending Product & Business Development at Eurex Securities financing is changing. The old model for the buy side - maintaining multiple bilateral relationships with a range of sell-side institutions, each with their own customized contractual commitments - is costly on several levels. It is time consuming and labor intensive to both establish and maintain these relationships, and repo transactions are often still negotiated by phone or fax. And these types of relationships make price discovery and...