CDs Dematerialized at DTCC
Infrastructure giant DTCC today confirmed the launch of its new Underwriting Central (UWC) platform, an automated service for electronic Certificates of Deposit (CD) offered...
Volatile Markets Require Modernized and Digital Infrastructure Models
Nasdaq and Celent have released the results of the CIO Market Infrastructure Survey 2021, commissioned by Nasdaq. Based on interviews with 25 chief information officers and senior technology leaders...
White Paper: Increased Adoption of Central Clearing in US Treasury Market Needed
The Depository Trust & Clearing Corporation (DTCC) has released a new white paper that explores the risks created by U.S. Treasury market fragmentation. The...
DTCC Outlines 2-Year Roadmap to T+1 Settlement
The Depository Trust & Clearing Corporation (DTCC) today released a two-year industry roadmap for shortening the settlement cyclefor U.S. equities to one business day...
Citadel and Robinhood call for T+1 settlement cycle
Vladimir Tenev, CEO of Robinhood, an American financial services company known for offering commission-free trades of stocks and exchange-traded funds via a mobile app,...
ISLA Addresses Securities Lending Digitization
The International Securities Lending Association (ISLA), has confirmed the publication of ‘Legal Clause Library & Legal Data Standards‘, a white paper produced in association...
Automating the End-to-End Collateral Lifecycle
Speaking at the International Swaps and Derivatives Association’s (ISDA’s) Collateral Management Virtual Showcase, Duncan Scott, Product Management Consultant for DTCC’s Margin Transit Utility (MTU),...
Why Shortening the Settlement Cycle Will Benefit the Industry & Investors
DTCC has long advocated for shortening the settlement cycle to enhance market resilience, reduce margin requirements and lower costs for investors. In 2017, we...
EC gives green light to Euroclear UK & Ireland for temporary equivalence extension
The European Commission has granted Euroclear UK & Ireland (EUI) the ability to continue to offer issuer central security depository (CSD) services after the...
COVID-19 inspires derivatives post trade renovations
A market survey by Acuiti has found that almost all tier one and tier two banks queried plan to invest more in derivatives post-trade...