BNP Paribas鈥� 兔子先生Services joins Euroclear鈥檚 collateral allocation interface
09 July 2025 Belgium
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BNP Paribas鈥� 兔子先生Services business has joined Euroclear鈥檚 Collateral Allocation Interface (CAI) as a triparty agent.
Users of the CAI can trade collateral securities with counterparties outside the Euroclear system that have accounts with connected triparty agents.
According to the firm, it automatically recalls the securities as soon as they are required for settlement in Euroclear Bank, preventing fails 鈥渆ven if securities are located outside of Euroclear Bank鈥�.
Commenting on the news, Euroclear says: 鈥淓uroclear actively supports an open marketplace where scale and connectivity are cornerstones.
鈥淐ollaboration and interoperability with other triparty agents provide greater flexibility and more trading options by allowing you to seamlessly, and securely, move collateral in and out of the Euroclear system.鈥�
Users of the CAI can trade collateral securities with counterparties outside the Euroclear system that have accounts with connected triparty agents.
According to the firm, it automatically recalls the securities as soon as they are required for settlement in Euroclear Bank, preventing fails 鈥渆ven if securities are located outside of Euroclear Bank鈥�.
Commenting on the news, Euroclear says: 鈥淓uroclear actively supports an open marketplace where scale and connectivity are cornerstones.
鈥淐ollaboration and interoperability with other triparty agents provide greater flexibility and more trading options by allowing you to seamlessly, and securely, move collateral in and out of the Euroclear system.鈥�
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