INTERNATIONAL: Deutsche Borse Announces that Clearstream and LCH SA Add Austria and Spain to Joint Connection

Tuesday July 26 2022

On 26^th July 2022, Deutsche Börse Group announced that all Austrian and Spanish government debt securities cleared by London Clearing House (LCH) SA’s RepoClear service are available for settlement through Clearstream Banking AG.

The two new markets complement the existing proposition for Belgian, French and German government debt. RepoClear clearing members can choose Clearstream as a new settlement location for these two markets. Additionally, investors are able to consolidate an even wider range of their European settlement activity in one place, minimising cross-border inefficiencies, reducing intraday liquidity requirements and fostering global trading.

Both markets have shown continuously increasing volumes since the implementation of Clearstream’s Investor Central securities depository (CSD) model, which leverages Clearstream’s CSD in Germany, the biggest participant in T2S, as a single gateway to European markets in the T2S zone.

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