Eurex rejigs liquidity portfolio
Half a billion euros placed with commercial banks at end-March
Eurex stashed more cash with commercial banks in the first three months of the year in a shake-up of its liquid resources.
The central counterparty (CCP) had €487 million ($568 million) in secured cash with commercial banks, which includes reverse repo transactions, at end-March, up from just €11 million at end-December 2017. Unsecured cash on deposit with commercial banks hit €8 million, up from €4 million the quarter prior.
It’s the most cash Eurex has handed to commercial banks since the
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