Press Releases

Feb 06, 2018 • Press Releases

DTCC Comments on New ASIC Chairman James Shipton

New York, NY – February 6, 2018 – The Depository Trust & Clearing Corporation (DTCC) today issued the following statement in response to the new Australian Securities and Investment Commission (ASIC) Chairman: James Shipton.

"DTCC welcomes the recent appointment of James Shipton as Chairman of ASIC and we look forward to his contributions to the important work of ASIC in promoting safety and confidence in Australia's financial system."

Note to Editors

ASIC awarded its first Australian derivative trade repository (ADTR) licence to DTCC's Global Trade Repository (GTR), enabling DTCC to provide trade reporting capabilities to help local market participants meet both the operational and regulatory requirements of the Australian derivatives marketplace.

About DTCC

With 45 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry. From operating facilities, data centers and offices in 16 countries, DTCC, through its subsidiaries, automates, centralizes and standardizes the processing of financial transactions, mitigating risk, increasing transparency and driving efficiency for thousands of broker/dealers, custodian banks and asset managers. Industry owned and governed, the firm simplifies the complexities of clearing, settlement, asset servicing, data management and information services across asset classes, bringing increased security and soundness to the financial markets. In 2016, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $1.5 quadrillion. Its depository provides custody and asset servicing for securities issues from over 130 countries and territories valued at U.S. $49.2 trillion. DTCC’s Global Trade Repository maintains approximately 40 million open OTC positions per week and processes over one billion messages per month. To learn more, visit us at www.dtcc.com or connect with us on LinkedIn, Twitter, YouTube and Facebook.

Contacts

Adam W. Honeysett-Watts

Email

ahoneysett-watts@dtcc.com

Phone

+44 (0)20 3116 2409

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