Post-trade services provider Euroclear is opening up its in-house collateral management services across the industry ahead of new rules that require more collateral for derivatives trades.

The solution, the 'Collateral Highway', is aimed at the entire collateral industry, ranging from agents and custodians to central securities depositories - which hold collateral for clients - through to central counterparties, or CCPs, and central banks. It will help the holders of collateral to channel the securities to destinations such as CCPs.