Exchanges operator Cboe Global Markets has submitted a proposal to the Securities and Exchange Commission (SEC) to launch near 24×5 U.S. equities trading via its Cboe EDGX Equities Exchange (EDGX) and hopes the new time frame will be ready in December 2026, officials say. The launch is pending regulatory approval of its filing, and contingent… Read More >>
DTCC & FINOS Host an Open Source A.I. Hackathon
Officials at the Depository Trust & Clearing Corp. (DTCC) and the Fintech Open-Source Foundation (FINOS) recently announced that they are conducting the annual “Innovate.DTCC: Industry-Powered AI Hackathon,” from Feb. 23 to Feb 27, 2026. Participation in the hackathon is team-based only and individual entries are not allowed, officials note. “Teams may be of any size;… Read More >>
FICC & BNY Collaborate on Clearing Repos
The Fixed Income Clearing Corp. (FICC) has launched its Collateral-in-Lieu (CIL) service via the Sponsored General Collateral (GC) offering of BNY’s Global Collateral Platform, which introduces a way to clear repo transactions that is margin and capital-efficient, officials say. BNY Securities Finance and Federated Hermes, Inc. have executed the first repo trade on the new… Read More >>
DTCC, Digital Asset & Canton Network Tackle Tokenization
Post-trade infrastructure provider The Depository Trust & Clearing Corp. (DTCC) is partnering with Digital Asset Holdings and the Canton Network to launch the tokenization of custodied assets from the Depository Trust Co. (DTC) on the Canton Network, officials say. The collaboration “creates a roadmap to bring real-world, high-value tokenization use cases to market, starting with… Read More >>
Longer Trading Times Could Spur Costly Upgrades: Report
Major exchanges are moving fast to extend their trading hours and while many securities firms welcome the change almost 60 percent of them say that they will have to plan technology and risk mitigation upgrades, according to a research paper from post-trade infrastructure provider The Depository Trust & Clearing Corp. (DTCC) and consultancy EY, “The… Read More >>
DTCC & CME Push to Extend Cross-Margining Pact
The Depository Trust & Clearing Corp. (DTCC), a post-trade market infrastructure provider, and derivatives exchanges company CME Group have announced “continued progress on their efforts to extend their existing cross-margining arrangement to end-user clients,” officials say. “Specifically, the Fixed Income Clearing Corp. (FICC) has now formally filed with the Securities and Exchange Commission (SEC) to… Read More >>
Canada’s ATB Financial Taps Murex for Compliance
ATB Financial officials report that they have “successfully met Canada’s updated derivatives reporting rules, known as the 2025 Canada Rewrite, through the MXSaaS solution” from Murex. The MXSaaS offering facilitates the integration of the MX.3 platform into the cloud, where dedicated Murex experts fully manage it, according to officials. The platform is intended to help… Read More >>
FICC Seeks SEC Approval for Triparty Clearing for Treasuries
The Fixed Income Clearing Corp. (FICC) may be able to offer triparty clearing in time for expanded U.S. Treasury clearing rules via a new offering, dubbed the ACS Triparty Service, within its Agent Clearing Service (ACS) capabilities. However, the Securities and Exchange Commission (SEC) must agree to a rule change requested by FICC officials. “As… Read More >>
Is Your Firm Ready for the ‘Canada Rewrite?’
About a year ago, Canadian securities regulators — the Canadian Securities Administrators (CSA) — unveiled changes to derivatives data reporting standards that actually took effect July 25 of this year and have become known as the “Canada Rewrite.” The amendments are intended to streamline and harmonize over-the-counter (OTC) derivatives data reporting with global standards. “By… Read More >>
FICC Reports New Clearing Peak of $11.8 Trillion
The Fixed Income Clearing Corp. (FICC), a subsidiary of the Depository Trust & Clearing Corp. (DTCC), processed a new peak volume of $11.8 trillion in cleared transactions through its Government Securities Division (GSD) on June 30, the highest GSD volume recorded since April 9, when peak volume reached $11.4 trillion, officials say. “FICC’s Sponsored Service… Read More >>
