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On 17 October, a first triparty trade between easyJet as cash giver and Commerzbank as cash taker was conducted on the trading platform of 360 Treasury Systems AG and settled via Clearstream, thus effectively validating the partnership announced earlier in the year. This was the first triparty trade on 360T, making easyJet and Commerzbank the first counterparties to benefit from Clearstream’s collateral management services via 360T. The Clearstream and 360T partnership enables 360T clients such as corporates, hedge funds and asset managers to benefit from Clearstream’s award-winning collateral management services as part of the Global Liquidity Hub offering. With the 360T trading platform as “front end” and Clearstream as settlement engine and as collateral management provider to...
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