‘Repo by the minute’ could reshape lending – but not quite yet

- By Ben St. Clair
- 04 Aug 2022

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Overnight repo is often described as a vital part of the financial market’s plumbing – and an upgrade to the pipework may be on the way.

Banks and fintech firms are using blockchain technology to create contracts that enable users to trade repo over periods of a few hours, paying interest by the minute rather than on an overnight basis. The service is already available on a handful of platforms hosted by the likes of JP Morgan and Broadridge. More are in development.

The new platforms promise

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@risk.net