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Market Operation and Trading
 Return
to Repo Trading Facility List
- Orders are displayed for either
side, in terms of rates, size
and term.
- Orders are displayed on the
screen until they are completely
filled suspended or cancelled.
- Quotations on the market pages
are ranked according to rates
and creation time or modification.
- The Repo Trading Facility includes
a blind segment (CCPs) and a
non-anonymous one (name give-up).
When name give-up, orders are
subject to manual acceptance
from the proponent (application
can only be rejected on credit
grounds).
- Each quotation shown on the
market can be acted upon independently
of whether it may be the best
available proposal.
- The proponent has two minutes
to decide whether to accept or
reject a proposal. In the case
of acceptance, the amount displayed
is automatically reduced by the
amount executed or, if completely
filled, it is cancelled.
- For the purposes of acceptance,
the proponent may choose to accept
fills for amounts higher than
the proposal displayed on the
market.
- Minimum proposal and order
quantities vary by product type.
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