Euronext and Clearstream have joined forces to enhance Euronext Clearing’s collateral management capabilities across repo and other asset classes. The new partnership will see Clearstream facilitating advanced collateral management capabilities as a triparty agent (TPA) for Euronext Clearing. Clearstream claims in a press release that clients can “benefit from automated, flexible and operationally streamlined solutions that enhance margin and balance sheet optimisation”.
The collaboration plays into Euronext’s strategy to expand its repo clearing franchise into a “unified pan-European clearing model”. Although the go-live date of this enhanced service offering is only in November 2025, its announcement coincides with the upcoming launch of Repo Foundation this month, the initial phase of Euronext Clearing’s Repo Expansion initiative.
Once the service is live, Clearstream will act as an independent third party, handling collateral selection, valuation, and substitution to ensure compliance with eligibility criteria. It will also manage settlement and custody services, provide robust regulatory reporting, and support liquidity and risk management objectives.
