Tagged: dtcc

Fixed Income Clearing Hits $11 Trillion, an All Time High – DTCC

The Depository Trust & Clearing Corporation (DTCC) says that its subsidiary, the Fixed Income Clearing Corporation (FICC), cleared a record $11 trillion in US Treasuries on April 9, an all-time high. Laura Klimpel, Managing Director, Head of DTCC’s Fixed Income and Financing Solutions, notes that the heightened… Read More

DTCC Unveils Platform for Tokenized Real-time Collateral Management

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced a digital collateral management platform. Collateral is an essential risk mitigation tool “that helps support overall financial stability.” DTCC also noted that as the markets grow… Read More

DTCC Moves to Better Support Digital Assets, Joins ERC3643 Token Standard Movement Created by Tokeny

The Depository Trust & Clearing Corporation (DTCC) has joined the ERC3643 Association – the advocate group for the ERC3643 token standard. ERC3643 was created by Tokeny, a leading digital security enabler based in Luxembourg. Luc Falempin, CEO of Tokeny, said that having “DTCC join the… Read More

Fintech Risk Represented One of the Highest Advancers in Risk Categories – DTCC Report

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the financial services industry, issued its Systemic Risk Barometer Survey results, identifying Geopolitical Risks, Cyber Risk, U.S. Political Uncertainty and U.S. Presidential Election Outcome, Inflation and U.S. Economic Slowdown as the “top five… Read More

DTCC’s FICC Enhances VaR Calculator Capabilities, as Firms Prepare for US Treasury Clearing Requirements

DTCC’s FICC reportedly enhances VaR calculator capabilities, as firms Prepare for the U.S. Treasury Clearing Requirements. New Cross Margining and Repo calculator functionalities will enhance Users’ understanding of risk management and margin requirements. The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for… Read More

DTCC Creates Sandbox to Accelerate Digital Assets

The Depository Trust & Clearing Corporation (DTCC) has joined the growing number of regulatory/innovation entities by launching a Fintech Sandbox to support the development of digital assets. Just about everyone acknowledges that at some point, all securities will be digital—potentially enhanced with codable or “smart”… Read More

DTCC Keeps Reporting Bigger Numbers as FICC’s Government Securities Trading Tops $10 Trillion in Daily Trading

It was just last month that the Depository Trust & Clearing Corporation (DTCC) reported a record breaking day in regard to government securities clearing when the Fixed Income Clearing Corporation’s (FICC’s) Government Securities Division (GSD), cleared $9.2 trillion in daily activity on September 3rd. On… Read More

DTCC, Digital Asset Say Tokenization Pilot a Success

The Depository Trust & Clearing Corporation (DTCC) and Digital Asset report that their digital security pilot has succeeded. The two entities partnered on the US Treasury (UST) Collateral Network Pilot. This project sought to utilize distributed ledger technology (DLT) applications to support market connectivity across… Read More

DTCC Reports Topping 2500 Alternative Investment Clients

The Depository Trust & Clearing Corporation (DTCC) says it has topped 2500 clients that are leveraging their Alternative Investment Product (AIP) . The AIP service is a centralized trading and reporting platform that connects the alt investments industry to exchange data. The service includes money settlement… Read More

Depository Trust & Clearing Corporation (DTCC) Reports Record Day for Government Securities

The Depository Trust & Clearing Corporation (DTCC) says it has experienced a record breaking day in regard to government securities clearing. According to DTCC, the Fixed Income Clearing Corporation’s (FICC’s) Government Securities Division (GSD), cleared $9.2 trillion in daily activity on September 3rd. This follows… Read More

DTCC Introduces Insurance and Retirement Services’ Producer Authorization Service

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced the launch of DTCC’s Insurance & Retirement Services’ (I&RS) Producer Authorization (PAR) service, “a standardized method for insurance vendors and distributors to communicate with carriers to verify… Read More

DTCC Announces New Members Joining Board of Directors

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that four new Board Members have joined its Board of Directors. The Board plays a critical role in setting “the strategic direction of DTCC, working closely with the firm’s leadership and advising on… Read More

DTCC’s FICC Introduces CCLF Public Calculator to Enable Expansion of US Treasury Clearing

DTCC, the post-trade market infrastructure for the global financial services industry, announced the launch of FICC’s interactive, public-facing Capped Contingency Liquidity Facility (CCLF) Calculator. With the expansion of central clearing in U.S. Treasuries “on the horizon and given the size of transactions in the U.S…. Read More

New Clearing Rules To Grow Daily DTCC Treasury Volumes by $4B+

DTCC, a provider of post-trade market infrastructure for the global financial services industry, announced this week that, according to new industry feedback, daily Treasury volumes through its Fixed Income Clearing Corporation (FICC) are expected to rise by more than $4 trillion once the SEC’s expanded U.S. Treasury clearing… Read More

Tokenization: Digital Securities Topic of House Financial Services Digital Asset Subcommittee

Today, the Digital Assets, Financial Technology, and Inclusion Subcommittee, part of the House Financial Services Committee, held a hearing on the tokenization of real-world assets (RWAs) and the migration to digital securities. The hearing was entitled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will… Read More

DTCC, Clearstream, Euroclear Work with Boston Consulting Group to Create Digital Asset Framework

While everyone knows that digital securities are the future, the path to shift from the analog past to the digital asset future has been a circuitous path. Today, DTCC, Euroclear, and Clearstreem have announced they are working with the Boston Consulting Group to produce a… Read More

DTCC Shares Comments on Industry’s Affirmation Progress with T+1 Implementation Just 2 Weeks Away

The US transition to a T+1 settlement cycle is only two weeks away, and DTCC says that it continues to actively work with the industry and regulators to ensure a seamless transition to a T+1 settlement cycle on May 28th, 2024, with a focus “on… Read More

Fintech Platform Alpaca Reportedly Transitions to Self-Clearing at DTCC

Hitoshi, Co-founder & Chief Product Officer at Alpaca notes that Alpaca has transitioned to self-clearing at DTCC. As noted in a blog post, this is a key milestone since they started “a regulated brokerage business five years ago.” It’s a pivotal milestone for them because this… Read More

Societe Generale Announced by DTCC As Prime Broker to Leverage CTM’s Tri-Party Trade Matching Workflow

DTCC, the post-trade market infrastructure for the global financial services industry,  announced that Societe Generale is reportedly the first Prime Broker to leverage CTM’s new automated tri-party trade matching workflow as the industry prepares for the increased focus on global accelerated settlement requirements. CTM’s new… Read More

DTCC Shares Comments on Industry’s Affirmation Progress, With T+1 Implementation Date Approaching

The U.S. transition to a T+1 settlement cycle is two months away, and market participants are continuing preparations as the May 28, 2024, implementation date approaches. Many firms continue to focus “on enhancing operational efficiencies, including the achievement of same-day affirmation.” DTCC analysis shows that… Read More

Send this to a friend