Boston, January 19, 2026 – State Street Corporation (NYSE: STT) today announces the successful completion of the first Reverse Repo trade for MN, one of the largest asset managers for Dutch pension funds, through an enhanced service under the Eurex Select Invest Repo model.
In a newly designed structure, State Street acts on behalf of its clients to faciliate the direct clearing and settlement of Reverse Repo transactions using a centrally cleared counterpart (CCP) framework via Eurex Clearing. State Street can now enable the buy-side to access the liquidity benefits of clearing, without some of the onerous onboarding, operational, and custodial requirements of a direct membership of a Central Securities Depository.
“We’re delighted to launch our enhanced Eurex Select Invest model for Repo— developed in close collaboration with Eurex— and with MN as our first client. The model streamlines buy-side access to the Euro‑denominated repo market and enables clients to trade independently with any of the current 170 market participants“ said Christian Schütze, Head of Financing Solutions Continental Europe at State Street.
“This marks an important step toward greater efficiency, flexibility, and liquidity for our clients. Through this innovative service model, we aim to drive higher cash investor volumes and help improve both operational and economic outcomes.” Michael Jahn, Product Lead for Repo at Eurex, adds: “We are proud to partner with State Street to offer their pioneering solution, which provides buy-side clients with simplified and accelerated access to Eurex's cleared repo infrastructure.”
About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $53.8 trillion in assets under custody and/or administration and $5.7 trillion* in assets under management as of December 31, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 52,000 worldwide. For more information, visit State Street's website at www.statestreet.com.
*Assets under management as of December 31, 2025 includes approximately $173 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.
About Eurex
Eurex is the leading European derivatives exchange and Repo market place with €1trillion outstanding in volume end of 2025 – and with Eurex Clearing – one of the leading central counterparties globally. As architects of trusted markets characterized by market liquidity, efficiency, and integrity, we provide our customers with innovative solutions to seamlessly manage risk. For more information, visit eurex.com/repo
© 2026 State Street Corporation
Tracking Number: 8718091.1.1.EMEA.RTL
Expiration Date: January 31, 2027