Tag: Fixed Income Clearing Corporation (FICC)
FICC taps Saphyre ahead of clearing mandate
The Depository Trust & Clearing Corporation’s (DTCC) Fixed Income Clearing Corporation (FICC) has partnered with AI infrastructure provider Saphyre to enhance its onboarding procedures...
ICE posts challenge to FICC with Treasury clearing
The Intercontinental Exchange’s (ICE) Clear Credit platform is now clearing US Treasuries, following approval from the US Securities and Exchange Commission.
Treasury repos are expected...
US rates activity explodes post-tariffs
Tariff tumult in the US Treasuries market saw average daily notional volume spike over March, up 31% year-on-year (YoY) to US$1.089 trillion at the...
FICC bolsters services for mandatory clearing
DTCC’s FICC has expanded its agency clearing services as volumes skyrocket ahead of the mandatory clearing deadline for US Treasuries.
The company is also providing...
FICC sponsored services use rises as central clearing looms
DTCC’s Fixed Income Clearing Corporation’s (FICC) Sponsored Service volumes reached US$2 trillion in 2024, up 83% year-on-year.
As firms prepare for new requirements around US...
