Elixium

Banque de France, BNP Paribas, collateral management, Elixium, Euroclear

The Eurosystem needs to accelerate the circulation of collateral within the euro area and allow more players to meet, said François Villeroy de Galhau in a recent speech (translated from…

Elixium’s Stephen Malekian: All to All will be a new pillar of the collateral trading market

February 1, 2018

Collateral Management, Repo

All to All, Elixium, peer to peer, Stephen Malekian, topstory

Finadium’s Josh Galper spoke with Stephen Malekian of Elixium to hear his views on buy-side market adoption of All to All, trading patterns, and the growth of the collateral ecosystem.…

First All to All repo platform approved by FINRA

November 12, 2017

All to All, electronification, Elixium, FINRA

Elixium announced that its received approval from the Financial Industry Regulatory Authority to operate in the US. It is the first electronic All to All repo platform to receive FINRA approval.…

Elixium and Lombard Risk team up for repo trading and collateral management

August 4, 2017

All to All, collateral management, Elixium, Lombard Risk, Repo

Lombard Risk and Elixium have announced their partnership to deliver an integrated solution for repo trading and collateral management, which will pair Elixium’s All to All market place with Lombard Risk…

Surmounting the onboarding challenge in All to All lending markets

July 24, 2017

Stephen Malekian

Credit Exposure, Repo, Technology

All to All, credit, Credit Exposure, credit risk, Elixium, MRA, Repo, topstory

The idea of starting to trade on a new platform, especially for repo, can seem daunting to the buy-side. In this article, I present the opportunities and challenges for onboarding…

Elixium’s CLOB goes live for secured financing and collateral

July 18, 2017

All to All, CLOB, Elixium

Counterparties benefit from execution at or near UK base rate over June quarter-end Elixium offered average Bid/Offer spreads 3bps around mid vs reported 40-50 bp spreads in traditional markets for…

Time for the buy-side to take collateral responsibility in securities finance

April 24, 2017

Stephen Malekian

Collateral Management, Derivatives, Investments, Repo, Securities Lending, Technology

buy-side, collateral, CSAs, derivatives, Elixium, Repo, Securities Lending, technology, topstory

The buy-side has an opportunity to take control of its own collateral activity, bringing both financial and operational benefits. Breaking this process down shows that a robust collection of tools…

Risk.net: Buy-siders weigh virtues of P2P repo

January 13, 2017

Elixium, peer to peer, Repo, risk

Buy-siders are looking closely at peer-to-peer repo trading platforms as an alternative to bank-facilitated repo, which has come under strain in recent years due to regulation. Elixium, the first peer-to-peer…

Bank repo spreads are widening, but do clients have to pay the bill? Here is the Elixium alternative

January 12, 2017

Stephen Malekian

Collateral Management, Investments, Repo, Technology

Balance sheets, Elixium, Repo, spreads, technology, topstory

Following the crisis, high volume, low margin businesses like repo were unable to meet the return hurdles on a bank’s cost of long term capital, forcing a change in their…

Elixium and Pirum announce collaboration to streamline post-trade connectivity

November 14, 2016

Elixium, Pirum

Elixium, a new all-to-all electronic collateral trading marketplace, and Pirum Systems, the market leader in real-time straight through processing (STP) to the securities finance industry, have partnered to provide seamless…

Prime brokers, credit intermediation and new trading networks in securities finance (Premium)

November 8, 2016

Hedge Funds, Investments, Prime Brokerage, Repo, Securities Lending

Agency Prime Brokerage, DBV-X, direct, Elixium, peer to peer, topstory

Back in April 2016 we laid out our ideas for Agency Prime Brokerage, a business model where prime brokers provide a range of operational functions in financing without credit intermediation.…

Elixium, the new all-to-all electronic collateral and secured deposit marketplace, goes live

October 11, 2016

Elixium, a regulated Multilateral Trading Facility (MTF) for collateral and secured deposits, announces the execution of its first collateral financing transaction between buy-side collateral and liquidity providers. Citibank, as cash…

What's the story with collateral trading platforms DBV-X and Elixium? (Premium)

May 10, 2016

Collateral Management, Europe, Repo, Risk Management

collateral, DBV-X, Elixium, Repo, topstory, trading, Tradition

Are these platforms a balance sheet play, a technology play or some of both? The last couple of weeks have seen new announcements and rumblings about collateral upgrade or collateral…

FT: Tradition to launch collateral trading platform Elixium, sell DBV-X to BNY Mellon

April 28, 2016

Elixium, FT, Tradition