In the Press

  • A cropped image

    3 August 2017

    Lombard Risk partners with electronic repo platform Elixium

    Collateral management specialist Lombard Risk has teamed up with Elixium, a peer-to-peer electronic repo exchange platform, to enhance collateral processes.

    Read More
  • A cropped image

    3 August 2017

    Lombard Risk Partners with Elixium Partners for Integrated Repo Trading and Collateral Management

    Nick McCall, the chief executive of Elixium, said the partnership with Lombard would enable Elixium to provide market participants with a complete end-to-end, automated collateral management and execution service.

    Read More
  • A cropped image

    24 July 2017

    Surmounting the Onboarding Challenge in All to All Lending Markets

    The idea of starting to trade on a new platform, especially for repo, can seem daunting to the buy-side. In this article, I present the opportunities and challenges for onboarding and trading with non-traditional clients. This is especially relevant for credit departments concerned about new counterparties.

    Read More
  • A cropped image

    20 July 2017

    Euroclear surpasses €1 trillion on Collateral Highway

    Earlier this year its joint venture with DTCC went live with an Inventory Management Service (IMS), enabling market participants to mobilise securities from the US to Europe for use as collateral. It also partnered with Elixium, a new European collateral exchange, as one of its tri-party repo agents.

    Read More
  • A cropped image

    24 April 2017

    Time for the buy-side to take collateral responsibility in securities finance

    "The buy-side has an opportunity to take control of its own collateral activity, bringing both financial and operational benefits. Breaking this process down shows that a robust collection of tools and services are available; buy-side firms do not have to go it alone", says Steve Malekian, Head of Business Development - Elixium USA.

    Read More
  • A cropped image

    7 April 2017

    The broken mechanics of the repo market have been exposed, creating demand for change

    Repo provides for smooth functioning of ALL financial markets. It allows for the safe transmission of cash and collateral from buyer to seller. As a result, it lowers the cost of issuance, thereby supporting the real economy. Furthermore, it supports efficient collateral management, facilitates market-making in underlying instruments, contributes to derivative market liquidity and plays an important role in the implementation of monetary policy.

    Read More
  • A cropped image

    21 February 2017

    ICMA Report: Closed for business : a post-mortem of the European repo market break-down over the 2016 year-end

    The extreme volatility and market dislocation experienced in the euro repo market over the 2016 year-end are unprecedented in the post-euro era. This has raised concerns over whether this was a one-off event, or rather this is an indication of a market that no longer functions efficiently and effectively under stressed conditions, and signals a new normal for the European short-term funding and collateral markets.

    Read More
  • A cropped image

    13 January 2017

    Bank repo spreads are widening, but do clients have to pay the bill?

    Following the crisis, high volume, low margin businesses like repo were unable to meet the return hurdles on a bank's cost of long term capital, forcing a change in their business models. The result has been a widening of the spreads banks charge to meet these return hurdles. Stephen Malekian discusses how Elixium can save its clients from having to pay for this change.

    Read More
  • A cropped image

    28 November 2016

    Unlocking collateral key to curbing shortage, says Elixium

    Greater diversification of counterparties in the repo market can halt the decline in liquidity, according to Roberto Verrillo of trading platform Elixium.

    Read More
  • A cropped image

    23 November 2016

    Mobilizing Collateral – The Growing Need for Counterparty Diversification

    As liquidity conditions in the repo market continue to deteriorate, the industry is already investing in market-led solutions. This proactive approach has led to the recent launch of Elixium, a new global all-to-all electronic marketplace, designed to provide a transparent and unbiased venue for trading collateral.

    Read More
  • A cropped image

    14 November 2016

    Elixium imbues post-trade connectivity with Pirum

    Recently launched trading platform Elixium and Pirum Systems are collaborating to provide post-trade connectivity to their clients. The partnership seeks to take advantage of the regulatory-driven rise in central clearing and the increasing demand for automated connectivity to post-trade services.

    Read More
  • A cropped image

    19 October 2016

    How U.S. Money-Market Reforms Make the ECB’s Job More Difficult

    “Asset managers and pension funds and basically any buy-side participant is finding it increasingly difficult to execute a trade at an equitable rate,” said Roberto Verrillo, head of strategy and markets at Elixium, an electronic marketplace that launched two weeks ago to help investors trade directly with one another in repo markets.

    Read More
  • A cropped image

    18 October 2016

    Tradition Launches Repo MTF

    Roberto Verrillo, head of strategy and markets at Elixium, told Markets Media: “Elixium was formed as a result of balance sheet pressures and regulatory changes, which have made the intermediation of repos and secured money markets more expensive.”

    Read More
  • A cropped image

    11 October 2016

    Electronic collateral and secured deposit marketplace Elixium goes live

    Elixium, a regulated multilateral trading facility (MTF) for collateral and secured deposits, has executed its first collateral financing transaction between buy-side collateral and liquidity providers.

    Read More
  • A cropped image

    11 October 2016

    Elixium goes live

    Elixium, the new all-to-all electronic collateral and secured deposit marketplace, has executed its first transaction.

    Read More
  • A cropped image

    10 October 2016

    Elixium’s MTF for Collateral and Secured Deposits Goes Live

    Elixium, a regulated Multilateral Trading Facility (MTF) for collateral and secured deposits, has announced the execution of its first collateral financing transaction between buy-side collateral and liquidity providers.

    Read More
  • A cropped image

    28 July 2016

    Stephen Malekian takes up role at Elixium

    Stephen Malekian has joined Elixium as head of US business development. The former Barclays and Citi executive will work on the development Elixium’s all-to-all lending marketplace in Europe and rolling out the business in the US.

    Read More
  • A cropped image

    18 May 2016

    Tradition announces Elixium trading platform launch

    Elixium, a new EU-regulated Multilateral Trading Facility (MTF) for collateral and secured deposits, has announced it will launch in May 2016.

    Read More
  • A cropped image

    1 May 2016

    Tradition to launch new collateral platform

    Swiss broker-dealer Tradition is launching a new peer-to-peer collateral trading platform.

    Read More
  • A cropped image

    28 April 2016

    Broker Tradition to launch collateral trading platform

    Interdealer broker Tradition will soon launch the first stages of a platform for the trading of collateral such as government bonds in an effort to improve liquidity and transparency in the market, it said on Wednesday.

    Read More
  • A cropped image

    1 April 2016

    Tradition announces Elixium, a new trading platform launch

    Elixium, a new EU-regulated Multilateral Trading Facility (MTF) for collateral and secured deposits.

    Read More