Representing a new paradigm in the repo market, Direct Repo expands the repo market and improves liquidity by aligning cash providers with collateral providers in a non-traditional way. By allowing the two to meet directly the Direct Repo product eliminates the traditional expensive intermediation by dealers and passes the savings to the end users.

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DRX provides valuable information to help you make informed inquiries and financing decisions. When available, indications for trade sizes, rates and haircut requirements provide deeper insight into the current market. Overnight and term repos out to six months are available and published on an intra-day basis using real-time OIS, Fed Funds and repo market spreads.


Through the DRX platform, our team of repo traders and analysts compile timely news items to inform and educate your entire team.

Part entertainment, part market information, AVM Repo Commentary is read daily by a loyal following of more than 2,700, including the most senior market participants. With a 28-year history, AVM Repo Commentary is the only comprehensive repo commentary of its kind in the industry. Author Jeff Kidwell is a 32-year veteran of the repo market.