BrokerTec and MTS Add Spain Index to RepoFunds Rate

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BrokerTec and MTS Add Spain Index to RepoFunds Rate

Postby » Wed Sep 21, 2016 12:01 pm

BrokerTec, ICAP’s global electronic fixed income trading platform, and MTS, a fixed income electronic trading venue in Europe which is majority-owned by the London Stock Exchange Group, are further expanding the RepoFunds Rate (RFR) indices by adding a Spanish Repo index.

RepoFunds Rate is a series of daily European indices covering the German, French, Italian and Pan-European Repo markets which was launched in 2012.

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Each RepoFunds Rate index accurately reflects the effective cost of Repo funding for trades executed on the BrokerTec and MTS electronic ... (read more)

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