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Voice-Brokered Repo

A type of repo that trades over voice transmitting media (phones, instant messaging, etc.) in the so-called voice-brokered market. This...

ATS Repo

A type of repo that trades over alternative trading systems (ATS) or alternative venues. Repo transactions are made either over...

Synthetic Repo

A repo (repurchase agreement) that is created "synthetically"- that is, from different components- rather than the classic repo in order...

Margin Spiral

The rush by cash borrowers (collateral providers) to withdraw their securities posted as collateral to a dealer (broker-dealer) through deals...

Haircut Spiral

The rush by cash borrowers (collateral providers) to withdraw their securities posted as collateral to a dealer (broker-dealer) through deals...

S/N Repo

A type of floating rate repo (variable rate repo) in which the spot/ next (S/N) index is used rather than...

Collateral Run

The rush by cash borrowers (collateral providers) to withdraw their securities posted as collateral to a dealer (broker-dealer) through deals...

GC-SC Repo Rate Spread

The difference between the general collateral rate (general repo rate) and the specific collateral rate (special repo rate): s =...

Repo Rate Spread

The difference between the general collateral rate (general repo rate) and the specific collateral rate (special repo rate): s =...

Repo Run

A situation that arises when market news causes information-insensitive collateral assets, in a repo transaction, to become information sensitive. The...