Laura Klimpel

Jul 15, 2024 | dtcc.com | Laura Klimpel

DTCC is committed to guiding and informing the industry as it prepares for expanded central clearing of U.S. Treasuries activity, which is scheduled to come into effect in December 2025 for cash transactions and June 2026 for repo transactions. Given FICC’s role at the center of this major market transformation, we’ve released the findings of a new survey that serves as a pulse check for how the industry is progressing in its preparations.

Dec 14, 2023 | dtcc.com | Laura Klimpel

With the expansion of central clearing in U.S. Treasuries on the horizon, FICC stands at the center of a monumental industry initiative. The Securities and Exchange Commission (SEC) has published rules that will require the clearing of certain cash U.S. Treasury security transactions by the end of 2025 and U.S. Treasury repos by the middle of 2026, as well as facilitate access to client clearing.

Nov 15, 2023 | dtcc.com | Laura Klimpel

In September 2022, the U.S. Securities and Exchange Commission (SEC) proposed expanding the scope of U.S. Treasury trade activity that must centrally clear through an SEC-regulated covered clearing agency. If implemented as recommended, the expansion is projected to increase daily Treasury Clearing activity by $1.63 trillion.

Nov 2, 2023 | finadium.com | Laura Klimpel

DTCC’s Fixed Income Clearing Corporation (FICC) and National Securities Clearing Corporation (NSCC) work to solve problems for market participants that are best accomplished by central utilities. DTCC’s CCP services have changed over the past 40+ years in line with client feedback, market evolution and regulatory requirements. Clearing solutions do not arrive on their own, nor do they succeed in isolation: they require continued engagement and feedback from market participants.

Oct 17, 2023 | dtcc.com | Laura Klimpel

DTCC’s Fixed Income Clearing Corporation (FICC) and National Securities Clearing Corporation (NSCC) work to solve problems for market participants that are best accomplished by central utilities. DTCC’s CCP services have changed over the past 40+ years in line with client feedback, market evolution and regulatory requirements. Clearing solutions do not arrive on their own, nor do they succeed in isolation: they require continued engagement and feedback from market participants.