Depository Trust & Clearing Corporation (DTCC)

302 results about this entity

Period: 14 Apr 2005 - 18 Nov 2024

DTCC names Michael Bodson executive MD, business management and strategy

The US Depository Trust & Clearing Corporation (DTCC) has appointed Michael Bodson to the newly created position of executive managing director for business management and strategy.

CLS to provide payments finality for DTCC credit derivatives utility

The Depository Trust & Clearing Corporation (DTCC) has struck a deal with FX risk reduction network CLS Bank International (CLS) to provide central settlement of payments for over-the-counter (OTC) derivatives contracts housed in DTCC Deriv/Serv’s Trade Information Warehouse.

DTCC launches Trade Information Warehouse for OTC derivatives processing

The Depository Trust and Clearing Corporation has announced the formal launch of its Trade Information Warehouse, designed to reduce risk and automate post-trade processes in the over-the-counter derivatives markets.

Swift's securities efforts boosted by DTCC link

Swift's efforts to extend its franchise further into the securities market have received a boost with the creation of a link between the SwiftNet IP messaging platform and the Deriv/Serv over-the-counter (OTC) derivatives matching and confirmation service from New York's Depository Trust and Clearing Corporation (DTCC).

NASD slams account transfer delays

The National Association of Securities Dealers (NASD) in the US says investors trying to transfer their accounts from one brokerage firm to another through the Automated Customer Account Transfer System (Acats) face unnecessary delays that can be avoided.

DTCC aims to cut derivatives trade errors with AffirmXpress

The Depository Trust & Clearing Corporation (DTCC) has launched AffirmXpress, an electronic system that allows traders and front office staff to affirm credit derivative trades from inter-dealer brokers at the point of trade.

Corporate actions impact trading, share prices - study

Even routine corporate actions events can have a significant impact on share prices and trading activity, according to research conducted by consultancy Oxera and sponsored by the Depository Trust & Clearing Corporation (DTCC).

Omgeo links with DerivServ to create single window post-trade system

Post-trade processing hub Omgeo is to provide an automated interface to the Depository Trust and Clearing Corporation's (DTCC) DerivServ platform in an effort to provide a single window ASP-based system for investment managers to settle multiple exchange-traded and OTC instruments.

Credit derivatives dealers meet Fed targets

The Federal Reserve Bank of New York says the world's major derivatives dealers have met initial targets for reducing the backlog of unconfirmed trades in the booming $12.4 trillion credit derivatives market.

DTCC to create OTC post-trade processing utility

The Depository Trust & Clearing Corporation (DTCC) has outlined plans to create a central industry trade information warehouse for OTC derivatives processing.

DTCC adds derivatives expert Bill Stenning to business development team

The Depository Trust & Clearing Corporation (DTCC) has hired former Swapswire COO Bill Stenning to drive expansion of its automated services in the OTC derivatives market.

DTCC hires Tata for corporate actions overhaul

The US Depository Trust & Clearing Corporation (DTCC) has awarded India's Tata Consultancy Services (TCS) a contract to overhaul its core securities underwriting and corporate action processing systems.