Since the early 1990’s, ICMA has played a significant role in promoting the interests and activities of the international repo market, and of the product itself.

The ICMA European Repo Council (ERC) has become the industry representative body that has fashioned consensus solutions to the emerging, practical issues in a rapidly evolving marketplace, consolidating and codifying best market practice. The discussions that take place at the ERC meetings underpin the strong sense of community and common interest that characterizes the professional repo market in Europe.

The ICMA European Repo Council is also responsible for promoting the wider use of repo in Europe, particularly among banks, by providing education and market information. The ICMA bi-annual survey of the repo market has become established over the past seven years as the only authoritative indicator of market size and structure and the dominant trends.

ICMA is an active force in standardising repo documentation the Global Master Repurchase Agreement is the most predominantly used standard master agreement for repo transactions in the cross border repo market.

Membership of the ERC is open to ICMA members who transact repo business in Europe.  For more information contact: erc@icmagroup.org 
 
 

See also:

ICMA European Repo Coucil

• ICMA International Repo Council
• ICMA European Repo Committee
• ERC Members
• Minutes of meetings
• Repo market events calendar

Repo Markets

• Repos and the repo market
• ERC contributions to public consultations
• Repo trading practice guidelines
• Repo market developments
• Credit claims