19 October 2017
visit www.response.ncr.com

Clearstream and Bundesbank act to reduce liquidity risk

26 November 2003  |  3895 views  |  0 Clearstream and Bundesbank act to reduce liquidity risk

Clearstream has partnered with the Deutsche Bundesbank and other EU central banks to offer access to central bank money for foreign traders clearing cross-border securities transactions through the German markets.

Under the model, non-German participants make liquidity available for the German market by means of deposits in cash or securities at their national central bank, which submits a cross-border guarantee to the Bundesbank.

Matthias Ganz, CEO of Clearstream Banking Frankfurt, says the model "contributes to a level playing field by making the same access to central bank money available to domestic and foreign participants in cross-border transactions."

Two central banks, along with Deutsche Bundesbank, are currently offering the service.

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Clearstream upgrades CreationOnline as Web use picks up

Clearstream upgrades CreationOnline as Web use picks up

18 November 2003  |  3634 views  |  0 comments
Clearstream automates settlement links to four more platforms

Clearstream automates settlement links to four more platforms

16 October 2003  |  3596 views  |  0 comments
Euroclear and Clearstream build Bridges

Euroclear and Clearstream build Bridges

30 July 2003  |  8058 views  |  0 comments
Clearstream launches fee-free overnight bond borrowing programme

Clearstream launches fee-free overnight bond borrowing programme

03 July 2003  |  3806 views  |  0 comments
Clearstream flows smoothly in Swift STP review

Clearstream flows smoothly in Swift STP review

22 May 2003  |  4665 views  |  0 comments
European Commission finds against Clearstream

European Commission finds against Clearstream

31 March 2003  |  4885 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlRegister nowvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15788 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8947 views comments | 16 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8041 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7140 views comments | 9 tweets | 17 linkedin
Santander InnoVentures leads $6m funding round for Mexico's ePesosSantander InnoVentures leads $6m funding r...
6281 views comments | 6 tweets | 3 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job