Tag: DTCC

The move is expected to support the wider industry as exchanges such as NYSE, Nasdaq and Cboe begin to prepare for a shift to overnight trading models for US equities markets.  

The SEC authorisation covers an initial three-year period, spanning instruments including securities within the Russell 1000 index, ETFs linked to major benchmarks, and US Treasury bills, notes and bonds.

As 24/5 trading continues to gain increasing traction across the industry, firms should be focused on strong risk, margin and liquidity management, according to a recent study from DTCC and EY US.  

The past week saw a newly created US equities position, a head of market making appointment, and the hiring of an industry stalwart into a relationship-focused role. 

Incoming hire spent more than 24 years at Morgan Stanley, holding senior roles including COO and head of strategy for reinvestment, global head of sales strategy. 

Prime brokers streamline post-trade processes ahead of Europe’s T+1 settlement transition in 2027. 

European implementation should learn from key success factors from North America’s transition ahead of 11 October 2027 settlement, according to a report produced by Firebrand Research, Clearstream, DTCC and Euroclear. 

The move is scheduled to be implemented in Q2 2026, subject to regulatory review and approval of any necessary rule changes. 

The move aims to help users access capital efficiencies available when trading US Treasury securities and CME Group interest rate futures that have offsetting risk exposures.

New developments will help improve users’ understanding of risk management and margin requirements.