The London Stock Exchange Group announced that Euroclear Bank’s Treasury division has officially become a member of LCH RepoClear SA, strengthening its long-standing collaboration with the clearing service.

This new membership grants Euroclear Bank’s Treasury division access to an extensive liquidity pool, along with enhanced netting and risk management efficiencies. As a result, Euroclear Bank will now actively participate in both the specials and €GCPlus segments of RepoClear SA, positioning itself as a key cash provider within the ecosystem.

Euroclear Bank’s Treasury Joins LCH RepoClear SA to Enhance

RepoClear SA’s roots trace back to 2014 with the launch of the GC Plus service, a tri-party repo clearing platform designed to facilitate general collateral liquidity. This service combines the expertise of LCH and Euroclear and has evolved into the world’s largest Euro-cleared liquidity pool following the 2023 merger of GC Plus and RepoClear SA.

Michel Semaan, Global Head of LCH RepoClear at LSEG, said:

“We are happy to welcome our partner Euroclear Bank as the latest member of the RepoClear SA ecosystem. This is a significant moment for the growth of the service, as we broaden the range of financial institutions we serve, and so that large cash providers, such as Euroclear Bank, can benefit from our product offering.”

Herve Foyan Djoudom, Head of Treasury and Asset and Liability Management at Euroclear Bank, added:

“We are pleased to deepen our existing relationship with LCH as Euroclear Bank’s Treasury becomes a direct clearing member of RepoClear. Expanding Euroclear Bank’s repo clearing capabilities enables us to achieve greater capital and operational efficiencies while enhancing our risk management solutions. This step aligns with our strategy of promoting safety and resilience in the financial markets.”

This development marks a key milestone for both institutions as they continue to support efficient, secure, and resilient financial market infrastructures.

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