Tag: DTCC
Europe sees credit issuance crash on war turbulence
European investment grade issuance came in at €6 billion last week, according to Morgan Stanley data, with year-to-date (YTD) volumes tracking at €170 billion,...
Industry moves closer to 24/7 on-chain collateral availability
A financing transaction from US Treasuries against USDC stablecoin has been completed on the Canton Network, the latest initiative of a working group aiming...
TransFICC: The Evolution of the Muni Market
Driven by volume growth and technology
By Bo-yun Liu, Director of Product Solutions, TransFICC
Taken in aggregate, the Muni market is roughly $4.2T Outstanding with $15.6B...
Mandatory central clearing pushed back at SEC
The SEC has pushed back compulsory central clearing for US Treasuries by a year, stating the further attention to operational changes needed before the...
CME, DTCC boost cross-margining services
DTCC and CME Group have expanded their cross-margining initiative for clients of CME and the Government Securities Division (GSD) of DTCC's Fixed Income Clearing...
Who will be nominated for ‘Excellence in Leadership’ in 2024’s European...
Following a rollercoaster year of competition in capital markets, Markets Media is anticipating a bumper roster of nominees for ‘Excellence in Leadership’ in the...
DTCC affirmation rates up for April – but investment managers lag
DTCC affirmed 83.5% of transactions by the DTC cutoff time – 9:00 PM ET on trade date – in April 2024, it has reported.
This...
Beyond Liquidity: T+1 Testing Begins
DTCC, the US post-trade market infrastructure, formally started the testing program for moving to a shorter settlement cycle on 14 August so market participants...
Derivatives: Credit default swaps – The revival
Applying innovation from corporate bond markets to credit derivatives trading could boost liquidity at a point of market stress.
Single-name credit default swaps (CDSs) provide...
A long way to go: “Fundamental concerns” raised around lack of...
With the US representing an estimated 46% of the global equity market, its upcoming shift to T+1 settlement in 2024 is a huge move....
