The SIFMA trade association and its Asset Management Group (AMG) have published the “2026 SIFMA Master Treasury Securities Clearing Agreement: Done-Away” and the schedule to the agreement to help industry participants moving to clearing in the Treasury market meet the clearing documentation needs, officials say. “Done-away Treasury clearing refers to the process in which trades… Read More >>
SEC Explores Direct Control of the CAT System
The Consolidated Audit Trail (CAT) may have a new life under the direct management of the Securities and Exchange Commission (SEC). SEC Chairman Paul S. Atkins reveals in his Aug. 10 letter to Robert Walley, chair of the CAT NMS Plan Operating Committee, that many in the securities industry want the SEC to directly control… Read More >>
SEC Special Unit To Take On Accounting Fraud
The Securities and Exchange Commission (SEC) is launching a “specialized unit” within its Division of Enforcement that will “pursue accounting and financial reporting fraud cases” and general misconduct in accounting and auditing among firms governed by the regulator. “The Financial Reporting and Accounting Unit will work in close collaboration with staff across all relevant SEC… Read More >>
CME Group & Silicon Data to Launch Compute Futures
Derivatives exchanges company CME Group and GPU market intelligence and benchmarking provider Silicon Data will launch two compute futures contracts on Oct. 5, 2026, pending regulatory review, officials say. “Explosive demand has driven sharp swings in compute prices, with volatility exposing a gap in the risk-management toolkit for companies building the A.I. infrastructure. CME Group… Read More >>
ANNA Service Bureau Incorporates Digital Token Identifiers
The Association of National Numbering Agencies (ANNA), a global organization that supports International Organisation for Standardization (ISO) benchmarks, has taken what it calls a logical next step by incorporating Digital Token Identifiers (DTIs) into the ANNA Service Bureau (ASB), making it easier for securities firms to incorporate DTIs into data and operational processes, officials say…. Read More >>
MarketAxess to Join ICE for $5.7 Billion
Officials at the Intercontinental Exchange (ICE) confirm that they are acquiring fixed-income trading platform provider MarketAxess Holdings Inc. for approximately $5.7 billion to offer a single, unified platform across all segments of a fragmented and opaque market with an estimated $145.1 trillion in outstanding debt. The combination of fixed income services from both providers will… Read More >>
BNY Launches Transfer Agency Support for Digital Assets
Custody giant BNY has launched Digital Transfer Agency (TA) capabilities by extending the firm’s TA books and records services to support digitally native funds, and BNY Investment Dreyfus, Baillie Gifford, and BlackRock are among the first issuers of the new fund servicing capabilities, officials say. “The service will initially launch with select clients in the… Read More >>
Fees Still Determine Choice of Derivatives Clearing Broker
Buy-side firms participating in derivatives markets say that fees constitute the top determining factor in their choice of clearing brokers. But firms also value a clearing broker’s capabilities to access markets and products, the quality of transaction execution, and the operational processes they offer, according to “Execution and clearing: What the buy side expects from… Read More >>
Why Tokenization Makes ISO 20022 Migration Unavoidable
(Tokenization has a little problem with decimalization that could become a big argument for fully embracing ISO 20022. So says Paul Fullam, the 2026-27 Chair of ISITC, a global industry trade group. Fullam is also a senior business consultant at FIS Global, and a securities operations veteran. “The problem is how far out past the… Read More >>
ICE Launches Identifiers for Private Credit Instruments
The Intercontinental Exchange (ICE), owner of the NYSE, has launched a classification service to create “unique, persistent identifiers (IDs) for private credit instruments,” a key focus of the ICE Private Credit Intelligence initiative to establish a master data structure for private credit, officials say. The private credit initiative, led by ICE and private equity giant… Read More >>
