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FICC Sponsored Repo
Northern Trust sponsors your trading to the Fixed Income Clearing Corporation (FICC) enabling you access to one of the world’s deepest sources of US​ fixed income liquidity.

 

Principally trade US Dollar cash versus US Treasuries repo and reverse repo with Northern Trust as your sponsor to FICC

*Banks and Dealers who are approved GSD Netting Members

Why Consider Sponsored Repo?
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Improved Counterparty Risk

Realize counterparty strength and diversification by trading with the FICC

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Deeper Liquidity Pools

Access a deeper liquidity pool (the FICC marketplace) compared to traditional bilateral markets

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Greater Liquidity Stability

Dealers realize balance sheet and capital relief through FICC trading, translating into more stable liquidity for you

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Operational Efficiencies

Acting as your processing agent, we manage the full trading event lifecycle of your FICC trades

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Enhanced Diversification

Complement your suite of liquidity solutions tailored to your investment strategy and operations

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Access To FICC Benefits

Realize the full benefits of FICC membership without full membership obligations and costs

Northern Trust’s program is currently authorized for US Treasuries as eligible securities and clients domiciled in the United States and Cayman who meet the criteria as a Qualified Institutional Buyer (QIB) under SEC Rule 144a. Northern Trust may expand to more jurisdictions, additional security types and to term Sponsored Repo subject to internal review and client demand.



Securities Finance Leaders

Ryan Barrett

Ryan Barrett is Vice President and Head of Business Management, Financing & Liquidity at Northern Trust based in Chicago.



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Want to learn more? Contact us to speak with one of our experts.

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