Glitch delays tri-repo trade settlement, traders say

01/31/2013 | Reuters

Market participants said operational issues delayed settlement of some tri-party repurchase agreements by a few hours Tuesday. The Federal Reserve Bank of New York kept open its Fedwire Securities Service for longer than usual to deal with the delayed trades. Learn more at SIFMA's Repo Triparty Infrastructure Reform Resource Center.

View Full Article in:


Published in Brief: