DTCC

DTCC shares vision for U.S. equity market modernization

DTCC shares vision for U.S. equity market modernization

The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, today announced its vision for the evolution of the U.S. equities market structure, unveiling a series of proposals to provide seamless access to ...

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DTCC names Tim Lind head of data services

DTCC names Tim Lind head of data services

The Depository Trust & Clearing Corporation (DTCC), a post-trade market infrastructure for the global financial services industry, today announced Timothy Lind, former global head of financial regulatory solutions at Thomson Reuters, has joined the firm as managing director of DTCC Data ...

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DTCC’s Omgeo CTM to help outside companies in China

DTCC’s Omgeo CTM to help outside companies in China

The Depository Trust & Clearing Corporation (DTCC) recently announced its Omgeo Central Trade Manager (CTM) now enables Wholly-Foreign-Owned Enterprises (WFOE) in providing Private Fund Manager (PFM) services in China. Omgeo CTM is DTCC’s strategic platform for the central matching of ...

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DTCC adds quartet to board

DTCC adds quartet to board

The Depository Trust & Clearing Corporation has added a quartet to its board. Michael Herskovitz is the director of fixed income risk operations and technology and co-head of enterprise operational risk at AllianceBernstein. He was previously a managing director for ...

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DTCC hires Michael McClain for key roles

DTCC hires Michael McClain for key roles

The Depository Trust & Clearing Corporation has hired Michael McClain as managing director and general manager of equity clearing. Reporting to managing director and head of clearing agency services Murray Pozmanter, he will lead the equity clearing business and also ...

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DTCC appoints managing director

DTCC appoints managing director

The Depository Trust & Clearing Corporation has named Jim Hraska as managing director and general manager of its Fixed Income Clearing Corporation (FICC). Mr. Hraska will lead risk and cost reduction in the U.S. fixed income markets, including expansion of ...

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DTCC reaches milestone

DTCC reaches milestone

The Depository Trust & Clearing Corporation’s Omgeo ALERT, its online global database for the maintenance and communication of account information and standing settlement instructions (SSIs), has surpassed the six million settlement instruction milestone. “With the creation of the SSI Utility, market ...

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