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The Central Counterparty Segment
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to Repo Trading Facility List
Since December 1999, MTS Repo Trading Facility (RTF),
Clearnet and the London Clearing House (LCH) have operated links
arrangement that enable eligible repo trades on the Telematico Repo
Trading Facility (RTF) to be routed automatically to CCP on a real-time
basis for clearing and netting.
The use of a central counterparty allows participants
in the Repo Trading Facility (RTF) to:
- Trade completely anonymously.
- Automatically match proposals and orders. Manual
acceptance of an order is required only for odd-lots.
- Clear trades directly with the clearing house
thus ensuring that the identity of the original
trade counterparties is never disclosed.
Repo Trading Facility (RTF) members that are Clearnet
or LCH members can trade Austrian, Belgian, Dutch,
French, German, jumbo Pfandbrief and quasi-government
securities. |