NSCC Also Adds Support for Fixed Income ETFs National Securities Clearing Corp. (NSCC) officials report that they have launched an automated solution to make the collateral management process for exchange-traded funds (ETFs) more efficient. The changes to this mostly manual process also include new support for fixed income ETF capabilities. “The new NSCC solution fully… Read More >>
T+1 in Two Years Says DTCC
Is T+1 settlement possible in two years? Officials at the Depository Trust and Clearing Corp. (DTCC) think so and have released a two-year industry roadmap for a one-day settlement cycle after execution for U.S. equities, also known as T+1. Building upon the successful T+2 effort in 2017, the DTCC is making its case via a… Read More >>