DTCC says sponsored repo hit $376 billion in Q2 2019

DTCC’s Mike McClain, General Manager of equity clearing and settlement at DTCC’s National Securities Clearing Corporation (NSCC), and Laura Klimpel, Managing Director of Clearing Agency Services, told Finadium that sponsored repo volumes hit $376 billion at end of Q2 2019. This is up from $230 billion at the end of Q4 2018. There are now seven live sponsors and 12 more have been approved.

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