Depository Trust & Clearing Corporation

Market Infrastructure

AFME Announces Establishment of T+1 Industry Taskforce

By Editors | 02/03/2023

The task force will assess whether Europe should follow the US and other jurisdictions in moving to shorter settlement cycles.

Securities / Derivatives

DTCC Publishes Testing Framework for US Move to T+1 Settlement

By Editors | 30/01/2023

The testing framework assumes a September 2024 implementation date. Testing dates may have to change as regulators have not yet confirmed an implementation date.

Big Picture

Geopolitical Risk Cited as Top Risk to Financial Industry: DTCC

By Editors | 08/12/2022

The top three threats in DTCC’s latest Systemic Risk Barometer survey were geopolitical risks & trade tensions, inflation, and cyber risk.

Crypto / Digital Assets

DTCC Publishes Findings from Experimental CBDC Work

By Editors | 02/12/2022

The prototype developed was able to connect two distinct asset networks to enable “secure, resilient, and efficient security settlement with CBDC.”

Fintech / Regtech

BNP Paribas Completes Successful DRR Test for CFTC Rewrite

By Editors | 03/11/2022

BNP Paribas is ready to implement Digital Regulatory Reporting for the CFTC’s new swap data reporting rules coming into effect on 5 December.

Big Picture

DTCC Warns of Risks from Quantum Computing Technology

By Editors | 23/09/2022

DTCC outlines steps firms should take to prepare for the emergence of new post-quantum cryptography standards. Final standards are scheduled for 2024.

Fintech / Regtech

DTCC Goes Live With New DLT-Based Settlement Platform

By Editors | 23/08/2022

The Project Ion platform is now parallel processing an average of over 100,000 bilateral equity transactions per day.

Market Infrastructure

Guidance Issued for US Transition to T+1 Securities Settlement

By Editors | 02/08/2022

DTCC, SIFMA  and ICI have published guidance to help market participants prepare for the US transition to a T+1 securities settlement cycle in 2024.

Market Infrastructure

US Lawmakers Conclude Review Into Meme Stock Market Event

By Editors | 28/06/2022

A House committee says the SEC should introduce a liquidity rule for clearing brokers and FINRA should establish liquidity planning requirements.