Search Results 1-10 of 18
2008 Press Releases
July 01, 2008Study Shows EuroCCP has Lowest Clearing Costs in EuropeA study published today by European Central Counterparty Limited (EuroCCP) has found it offers the lowest costs for clearing in Europe based on tariffs disclosed by all service providers, as required under the European Code of Conduct for Clearing and Settlement.
June 03, 2008DTCC Receives Regulatory Approval to Launch New Suite of Services For Alternative Investments Products
The Depository Trust & Clearing Corporation (DTCC) announced today it has received regulatory approval from the U.S. Securities and Exchange Commission to launch its Alternative Investment Products (AIP) suite of services. AIP, a service platform that links broker/dealers, fund managers, administrators and custodians, will provide settlement of subscriptions and redemptions for various alternative investment vehicles, automating the exchange of all trade-related account information.
May 13, 2008CBLC and DTCC Sign Information Sharing and Collaboration PactThe Brazilian Clearing and Depository Corporation (CBLC) in São Paulo and The Depository Trust & Clearing Corporation (DTCC) in New York have signed a Memorandum of Understanding (MOU) designed to forge closer ties between the two organizations.
May 01, 2008Inter-bank Market for Repurchase Agreements ReestablishedFICC announced today that the Securities and Exchange Commission has approved its proposal to resume offering its General Collateral Finance repurchase agreement (GCF Repo®) service to brokers whose customers settle their transactions at different settling banks.
March 31, 2008EuroCCP Receives FSA Approval as Recognised Clearing HouseEuropean Central Counterparty Ltd. (EuroCCP) announced today that it received approval as a U.K. Recognised Clearing House (RCH) by the Financial Services Authority (FSA), solidifying its position as a competitive, low cost alternative for clearing and settlement in Europe.
March 25, 2008DTCC Settles Record $1.8 Quadrillion in 2007The Depository Trust & Clearing Corporation (DTCC) announced today it cleared and settled more than $1.86 quadrillion in securities transactions in 2007. DTCC also reported record revenue of $1.69 billion and returned $984 million to its customers in the form of discounts and rebates.
