Tag: FICC

DTCC - new additions to the Board
May 03, 2017 BY Valentina Kirilova

DTCC repo clearing services gain SEC regulatory approval

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary to expand the availability of central clearing in the repo market, strengthening both the safety and efficiency…

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March 02, 2015 BY Andrew Saks-McLeod

ICAP responds to Bank of England markets review: Greater need to understand complexities rather than seek standardization

British multinational operator and provider of post trade risk mitigation and information services firm ICAP plc (LON:IAP) has submitted its response to the Bank of England’s Fair and Effective Markets Review (FEMR). The consultation looks at the effectiveness of the fixed income, foreign exchange and commodities (FICC) markets and seeks to address malpractice and restore confidence…

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