HQLAᵡ, Clearstream and Eurex Repo have collaborated to facilitate intraday DvP repo transactions using DLT in the ECB trials. The ECB trials are part of the Eurosystem exploratory work on new technologies for wholesale central bank money settlement, with trials denoting production transactions using real securities and cash. The transactions took place between Goldman Sachs and Clearstream, acting as principal, with Goldman Sachs borrowing cash from Clearstream whilst delivering collateral via the HQLAᵡ platform.
