Tagged: dtcc

FICC: DTCC Approved to offer the ACS Triparty Service

The Depository Trust & Clearing Corporation (DTCC) has received approval by the Securities and Exchange Commission to offer the ACS Triparty Service within its existing Fixed Income Clearing Corporation’s (FICC’s) Agent Clearing Service (ACS) offering. The ACS Triparty Service aims to improve access to central… Read More

DTCC’s FICC and BNY Introduce Collateral-in-Lieu Service

The Depository Trust & Clearing Corporation (DTCC), the market infrastructure for the financial services industry, and BNY (NYSE: BK), a global financial services company, announced that DTCC’s Fixed Income Clearing Corporation (FICC) subsidiary has launched its Collateral-in-Lieu (CIL) service under its Sponsored General Collateral (GC)… Read More

DTCC, Digital Asset, Join to Tokenize Treasury Securities on Canton Network

The Canton Network appears to be in the lead in institutional RWA tokenization, and today, The Depository Trust & Clearing Corporation (DTCC) and Digital Asset announced a partnership to tokenize US Treasury Securities. The Canton Network was created by Digital Asset and managed by a foundation. According to a… Read More

DTCC Aims to Extend CME Group Cross-Margining Arrangement to End-User Clients

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and CME Group, the world’s derivatives marketplace, announced progress on their efforts to “extend their existing cross-margining arrangement to end-user clients.” Specifically, the Fixed Income Clearing Corporation… Read More

Geopolitical Risk, Trade Tensions, Cyber Risk, US Economic Slowdown May Negatively Impact Global Finance : Analysis

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced the results of its survey on the primary risks that are presently facing financial markets. DTCC’s Systemic Risk Barometer offers key insights into the evolving risks that… Read More

DTCC Makes Big Move Into Tokenization, Receives No Action Letter from SEC

The Depository Trust & Clearing Corporation (DTCC) is making a big move into tokenization. Currently, DTCC is a vital part of the securities trading and tracking ecosystem. In 2024, DTCC’s subsidiaries processed securities transactions valued at US$3.7 quadrillion, and its depository subsidiary provided custody and… Read More

DTCC Trading Insights : Up to 10% of Total Equity Volume Set to Be Traded During Overnight Sessions by 2028

DTCC, the market infrastructure for the global financial services industry, and Ernst & Young LLP (EY US) announced the release of their latest research findings on 24×5 trading, entitled “The Shift to 24×5 Trading: What It Means for U.S. Equity Markets.” The report details the… Read More

US Treasury Central Clearing Survey : American Firms Have Confidence in Readiness while Europe and Asia Lag Behind

SIFMA, BNY, Broadridge and The Depository Trust & Clearing Corporation (DTCC), in collaboration with The ValueExchange, today released findings from their “U.S. Treasury Central Clearing Pulse Survey”, which draws upon insights from global market participants. The survey, conducted by The ValueExchange, was meant to provide… Read More

DTCC to Increase Focus on Digital Assets Infrastructure with New Appointment

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, is now increasingly focused on the nascent digital assets industry. The  rise of DeFi and its convergence with TradFi is now pushing platforms and service providers to develop… Read More

DTCC Subsidiary FICC Submits Proposed Rule Change Filing to SEC to Offer New Agent Clearing (ACS) Triparty Service

In a move to fortify the U.S. Treasury market against emerging risks, the Fixed Income Clearing Corporation (FICC), a subsidiary of The Depository Trust & Clearing Corporation (DTCC), has filed a proposed rule change with the Securities and Exchange Commission (SEC). Announced on September 23,… Read More

DTCC Announces BNP Paribas and J.P. Morgan Joining CTM’s Tri-Party Matching Workflow for Prime Brokers

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure provider for the global financial services industry, continues to set new benchmarks in efficiency and resilience. Recent developments highlight DTCC’s pivotal role in navigating market volatility and preparing for accelerated settlement cycles, with significant… Read More

DTCC Subsidiary FICC Submits Rule Filing with SEC for Approval to Offer “Collateral-in-Lieu” Service

The Depository Trust & Clearing Corporation (DTCC), a key part  of global financial market infrastructure, has recently announced significant developments that underscore its commitment to tech advancements, security, and client-focused leadership. These updates include the submission of a rule filing by its Fixed Income Clearing… Read More

DTCC Subsidiary FICC Processes $11.8 Trillion in Daily Volume

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced that its Fixed Income Clearing Corporation (FICC) subsidiary “processed through its Government Securities Division (GSD) a new peak volume of USD$11.8 Trillion in cleared transactions on June… Read More

DTCC Central Securities Depository Subsidiary Surpasses $100T in Assets Under Custody

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced that its central securities depository subsidiary, The Depository Trust Company (DTC), has surpassed “$100 trillion in assets under custody as overall U.S. market capitalization continues to rise.”… Read More

DTCC Considers Stablecoin Launch to Enhance Financial Markets

The Depository Trust and Clearing Corporation (DTCC) is exploring the issuance of a stablecoin to enhance the efficiency of digital asset transactions, according to insights from industry sources reported by The Information. This move could significantly reshape how trades are settled across global markets, leveraging… Read More

DTCC Processes Record Volumes Across Services During Market Volatility

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, announced significant achievements in handling “unprecedented” market volatility, showcasing the firm’s robust technology infrastructure, resiliency, and risk management capabilities. During the recent market volatility, DTCC reached “new peak… Read More

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

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