Euroclear Bank Joins LCH RepoClear as Member to Enhance Liquidity Access
Euroclear Bank’s Treasury division has become a member of LCH RepoClear SA, marking a strategic expansion of its partnership with the clearing service. The MOVE grants Euroclear access to a vast liquidity pool while benefiting from netting and risk management efficiencies.
Active participation in both specials and €GCPlus segments positions Euroclear as a key cash provider. This development builds on the 2014 launch of GC Plus, a tri-party repo clearing service that combined LCH’s expertise with Euroclear’s infrastructure.
The 2023 merger of GC Plus and RepoClear SA created the world’s largest Euro-cleared liquidity pool, offering market participants alternative routes to general collateral liquidity. The partnership underscores institutional adoption of sophisticated clearing mechanisms in traditional finance markets.