DTCC processes first buy-side cleared repo collateral exchange
DTCC aims to bring new players into providing collateral and liquidity to the repo market.
The DTCC has unveiled infrastructure changes to its middle office and post-trade functions.
The DTCC’s FICC subsidiary has received approval from the SEC to expand central clearing in the repo market.
Former chief operating officer at the Options Clearing Corporation joins DTCC after 16 years.
DTCC DataPro aims to simplify data management across transaction types and asset classes.
The DTCC-Euroclear margin transit utility (MTU) service was initially set to launch in 2015 but has been hit by a number of delays.
Derek West will join the DTCC with responsibility for compliance at its Global Trade Repository.