A form of short-term borrowing for dealers in government securities, where the dealer sells the government securities to investors, usually on an overnight basis, and buys them back the following day.
The Canton Foundation has approved funding for RedStone to develop an open-source pricing framework designed to allow pricing of transactions on Canton without revealing underlying positions or agreed settlement values, says the firms
According to the report, total cleared repo average daily volume reached US$7.7 trillion in September 2026, representing a 1.8 per cent increase from August 2026
The trade was executed on the Stellar network, using USDM1 as collateral through Ascend’s institutional credit facility and priced at SOFR plus 10 basis points
The enhancements follow Muqassa’s move to extend its operating hours from 09:00 to 15:55, giving market participants a wider window to execute and manage repo transactions