Industry players in U.S. Treasury transaction markets can now access a free, public-facing Value at Risk (VaR) calculator that will help them comply with SEC rules that will expand clearing requirements for them. The DTCC’s Fixed Income Clearing Corp. (FICC) has launched the new tool, accessible via a web browser, which provides “the ability to… Read More >>
North America’s Rocky Road to T+1 Begins
Like it or not, North American firms are getting new plumbing for settlement. Settlement within the shorter time frame of the trading day plus another day, or T+1, is becoming a reality for North American firms, starting with those firms in Canada and Mexico, and with a nod to South America, Argentina, on Monday, May 27,… Read More >>
SEC Report Offers Useful Stats On Trillions of Dollars
The SEC mostly taketh when it comes to data, regulatory forms, and ongoing reports. But every once in a while the regulator giveth as far as key data about trillions of dollars flowing through the securities industry. In particular, SEC staff has just released a new report, “Registered Fund Statistics,” that is based on “aggregated… Read More >>
