MTS Depo

Integrated cash deposit and repo contracts on the MMF platform

MTS Depo is a market for the electronic trading of unsecured cash deposits, available on the MMF platform alongside the secured MTS Repo markets.

By adding the option to trade deposit contracts to the MMF platform, short end money market traders and treasurers can easily transact both their deposit and repo contracts on a single platform in a familiar trading system with fully automated transmission of settlement instructions to Target 2. 

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Streamline your trading with MTS Depo

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Community

  • By utilising established MTS technology and leveraging an extensive member network, the onboarding process is simplified, ensuring that MTS Depo reaches the broadest possible audience

Integration and connectivity

  • Technically available immediately to every participant already connected to the MTS Repo market
  • Leased line or internet connectivity
  • Single integrated front-end software for trading deposits and repo contracts
  • Single integrated blotter
  • A range of post-trade STP solutions

Functionality

  • Flexible trading protocols including Order Book and RFQ trading, as well as OTC Trade Registration
  • Comprehensive choice of preconfigured tenors in addition to broken dates supporting trades from one day out to one year in duration
  • Dedicated depo market credit line configurations

Coverage

  • EUR deposits 
  • GBP and USD deposits (pipeline)

Regulation

  • Supervised by the BOI as a multilateral deposit exchange system

Settlement

  • All trades executed and settled bilaterally
  • Support for direct and indirect participants of Target 2
  • Automated settlement instruction sent to Target 2