Bi-lateral intraday repo trade executions paving the way for broader adoption of repo for intraday funding
NEW YORK, May 23, 2023 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that DRW, Societe Generale and another global tier 1 bank have successfully executed intraday repo transactions on Broadridge's Distributed Ledger Repo (DLR) platform. These latest transactions build on the momentum of DLR's first intraday repo transaction in April 2023 and further expands the network across the global repo community.
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