Custody
HSBC joins the likes of JP Morgan and Brown Brothers Harriman that have gone live on the GC Direct service.
The DTCC’s Fixed Income Clearing Corporation subsidiary is now live and has executed its first trade between Citadel and Morgan Stanley.
Market Infrastructure
The DTCC has unveiled infrastructure changes to its middle office and post-trade functions.
Technology
The Enterprise Ethereum Alliance was launched in February and has tripled in size since then.
People Moves
Valentino Wotton will take over as managing director for DTCC Deriv/SERV in August.
Market Infrastructure
The DTCC’s FICC subsidiary has received approval from the SEC to expand central clearing in the repo market.
Technology
The DTCC is using blockchain technology to create a replica of its ‘golden copy of record’.
People Moves
Former chief operating officer at the Options Clearing Corporation joins DTCC after 16 years.
Technology
The DTCC is targeting improved repo transactions using blockchain technology following a successful proof of concept.
Market Infrastructure
The DTCC-Euroclear margin transit utility (MTU) service was initially set to launch in 2015 but has been hit by a number of delays.