Direct Repo™

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, effectively lowering costs for the end users.

Through Direct Repo™, AVM Solutions provides greater financial incentives, better counterparty credit tools and improved technology, making end users much more willing to deal directly with one another. In Direct Repo™ cash and collateral providers interact as principals in the repo transaction.

Consider Direct Repo™ your outsourced repo sales force.

Direct Repo™ at a Glance

  • Direct Repo™ is over-the-counter and negotiated by AVM Solutions as agent
  • Direct Repo™ transactions are typically governed by industry standard Master Repurchase Agreements and Master Securities Lending Agreements
  • Direct Repo™ collateral can be held at Bank of New York Mellon under a Master Custodial Undertaking, a/k/a Tri-Party Repo document
  • Going forward, Direct Repo™ may be transacted OTC or electronically on a public repo exchange