Euronext, the European capital markets infrastructure, and BNY are collaborating to enhance the collateral management capabilities of Euronext Clearing across asset classes, notably for cleared repo. By leveraging BNY’s collateral infrastructure and USD7.8trn liquidity pool, this collaboration will enhance the collateral management capabilities of Euronext Clearing, enabling members to manage their cleared activity more efficiently, including margin and default fund contributions. Under this agreement, BNY will act as a triparty agent, enabling enhanced collateral management capabilities for Euronext’s members.
