Tag: DTCC
US Treasury clearing readiness assessed
Industry preparation for US Treasury cash clearing “has advanced significantly” this year, though “meaningful work remains” before the 31 December 2026 deadline.
Those are high-level...
Tokenised Treasury transactions tested ahead of DTCC go-live
Franklin Templeton has exchanged a tokenised US Treasury for tokenised cash (USDCx) with Virtu Financial in real-time as the industry prepares for DTCC’s tokenised...
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...














