FICC’s Government Securities Division achieves new milestone, clearing USD$8.8 trillion in daily activity
FICC’s Government Securities Division has reached a new milestone, successfully processing USD$8.8 trillion in daily activity on July 31, 2024.
With 2024 In Sight, Geopolitical Risk & Inflation Dominate as Top Risks to the Financial Services Industry
DTCC, the premier post-trade market infrastructure for the global financial services industry, today issued its annual Systemic Risk Barometer Survey results
Six months out to T+1 Settlement in the US
As the mandate for next day settlement is just around the corner, DTCC’s Val Wotton offers his guidance.
350 Investment Managers now leveraging CTM’s automated affirmation capabilities
The DTCC announced today that 350 Investment Managers are now leveraging CTM’s automated trade affirmation capabilities to accelerate the post-trade lifecycle
LIBOR cessation is almost here!
For more than 35 years, LIBOR has been used as the benchmark reference for determining interest rates for debt instruments, such as structured securities, corporate debt, and municipal bonds.
Spotlight: LIBOR cessation is a month away
On 30 June 2023, the US market will transit from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices.
Spotlight: U.S. T+1 is just around the corner
In a year’s time, the U.S. will be moving to T+1 settlement for transactions in U.S. cash equities, corporate debt, and unit investment trusts.
