$7.6 Trillion in October: Broadridge’s Distributed Ledger Repo Platform Hits Processing Record
Photo: U.Today
Broadridge Financial Solutions has shared data on the use of its Distributed Ledger Repo (DLR) platform to execute and settle repurchase agreement (repo) transactions. In October 2026, $7.6 trillion in repo transactions were executed using the platform. This represents an average daily volume of $345 billion. Repo transactions involve the temporary sale of securities with an agreement to repurchase them at a specified price. In practice, repos are a form of short-term borrowing, with the securities serving as collateral. They’re commonly used by financial institutions to raise cash and manage their funding needs.
Source: U.Today
