“This new initiative represents the essence of innovation … we should expect digital transformation to reshape markets and market structure in the coming years,” DTCC Managing Director Jennifer Peve s...
Tag: DTCC
Wall Street giant DTCC launches private blockchain platform for faster trades
According to a press release made today, the New York-based post-trade financial services company, The Depository Trust & Clearing Corp. (DTCC), which processes all trades in the US stock market, ...
Francis La Salla Becomes DTCC’s President and CEO
On Monday, the Depository Trust & Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers t...
CBDC plans revived post DTCC shares prototype ‘Project Lithium’
CBDC project takes shape with prototype ‘Project Lithium’ It aims to make settlement of cash easy in real time in bilateral transactions The prototype will be based on DLT and will try ascertain the ...
DTCC to Build Prototype Supporting US Digital Dollar in Clearing & Settlement Process
The Depository Trust & Clearing Corporation (DTCC), a US post-trade financial services company providing clearing and settlement services to the financial markets, announced on Tuesday that it is ...
Clearing service DTCC pushes ahead with CBDC prototype ‘Project Lithium’
The Depository Trust & Clearing Corporation (DTCC) said on Tuesday that it is set to develop a prototype of how a central bank digital currency (CBDC) might work in the US in practice. The corpor...
Financial Services Company DTCC Working With Digital Dollar Project on CBDC Prototype
While a CBDC can serve multiple purposes, Project Lithium is particularly focused on the needs of the financial services industry, such as how a CBDC could benefit the clearing and settlement of secur...
DTCC Announces Two New Members of Board of Directors
On Wednesday, the Depository Trust & Clearing Corporation (DTCC), a leading post-trade market infrastructure for the global financial services firms, announced that it had appointed two new member...
DTCC Launches Treasury Kinetics Service to Enhance Transparency for Repo Trade Data
The Depository Trust & Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the rec...