Vantage

Enterprise Risk Management

Agent StatusAll Active

Enterprise Risk Team

Office of the CRO

Liquidity & Funding Risk

Desk-level funding cost, repo dependency and intraday liquidity risk on the trading book

Aggregate Intraday Peak Usage

$4.7B

Weighted Avg Repo Dependency

54%

Desks Tracked

5

Desks on Elevated Watch

2

DeskPrimary Funding SourceRepo DependencyIntraday Peak UsageStatus
G10 Rates DeskRepo (GC + Specials)58%$1.2B Stable
Credit Trading DeskUnsecured + Repo41%$680M Stable
FX Options DeskMargin & Collateral12%$310M Stable
Equity Derivatives DeskStock Loan + Repo74%$940M Elevated Dependency
Prime Services Funding BookRepo (Specials-Heavy)86%$1.6B Elevated Dependency

About This Agent

Data on This Page

Desk-level funding source mix, repo dependency and intraday peak usage. Stat tiles roll up aggregate intraday peak usage ($4.7B), weighted average repo dependency (54%), desks tracked (5), and desks on elevated watch (2).

What This Agent Does

Monitors trading-desk funding cost and repo/stock-loan dependency intraday, distinct from Ballast's regulatory LCR/NSFR calculation — this is desk-facing funding risk rather than the prudential ratio. Flags desks becoming over-reliant on a single funding source and estimates the cost impact of a funding market dislocation.

Worked Examples

  • Prime Services Funding Book flagged at 86% repo dependency, driven by a concentration in specials-heavy collateral.
  • Equity Derivatives Desk intraday peak usage rose to $940M after a large stock loan position was added ahead of a dividend record date.
  • FX Options Desk remains the least funding-sensitive book, relying primarily on posted margin rather than repo.