DTCC comments on the US Treasury clearing mandate deadlines

The Depository Trust & Clearing Corporation (DTCC) has issued the following statement, “FICC appreciates the regulatory clarity around the US Treasury clearing mandate deadlines. Even with these changes to the various deadlines, we are ready to launch our enhanced access models and segregated customer margin capabilities in March, and will proceed with offering those services to our clients as and when they are ready to use them. We will also work closely with our clients to address any challenges that drove the request for an extension.

“FICC remains committed to continually delivering our clients best-in-class central clearing solutions that enable greater efficiency and liquidity, promote transparency and competition, and improve the safety and soundness of the US Treasury market.”