FICC 支持服务 also experiences growth, with 支持服务 buyside volumes increasing by 74% and Sponsored Member Firms increasing by 60%
New York/London/Hong Kong/Singapore/Sydney, March 12, 2024 ——美国存, the premier post-trade market infrastructure for the global financial services industry, today announced that its Fixed Income 清算 Corporation (FICC) Treasury clearing volumes have grown 31% year over year, processing a daily average volume of USD$7.019万亿年. This growth comes at a time when market participant firms are assessing the impact of the U.S. Securities and Exchange Commission’s (SEC) new requirements that expand the application of central clearing to certain U.S. Treasury repo and secondary market cash transactions.
“We are pleased to see the continued increase in clearing activity and expect that trend to continue as we move toward go-live for the expanded Treasury 清算 requirement. The growth to a daily average volume of USD$7.019万亿年 is roughly double the volume that is expected to migrate into central clearing as a result of the Treasury clearing requirement. 存 is well-prepared for the implementation, which we view as a logical expansion of the large-scale, 有弹性的, proven services that FICC has provided for nearly 40 years,布莱恩·斯蒂尔说, 董事总经理, 总统, 清算 & 证券服务.
In addition to the increase in overall clearing volumes, FICC的赞助服务 has also experienced growth in the last year. 支持服务 clearing volumes increased 74% to a daily average of USD$938 billion. The number of Sponsored Members participating in FICC also increased 60% to 2,414 firms that represent a diverse set of asset managers of different profiles and regulated statuses.
“The fact that more and more firms are voluntarily choosing to clear their trades through FICC的赞助服务, which is reflected in the growth of the community and in volumes, is a testament to the value central clearing delivers to market participants. It also reflects the industry’s confidence in FICC’s risk management capabilities, support for our unique ownership and governance structure, which allows us to take a long-term view of risk and make decisions that are in the best interest of the marketplace,劳拉·克林佩尔说, 董事总经理, Head of Fixed Income and Financing 解决方案. “FICC provides certainty and stability to the Treasury market while enabling firms to maximize liquidity, take advantage of netting and generate balance sheet relief.”
FICC的赞助服务, offered through its Government Securities Division (GSD), is one of the many access methods that FICC offers that clients can choose to best meet their business needs and goals. Additional access models provide participants with the ability to have their activity submitted directly to FICC or agency-intermediary style.
添加Klimpel, “Our clients frequently tell us about the value and efficiencies that the 支持服务 brings to their firms’ resilience and risk management practices today, with many of these firms consistently processing significant volumes with us. We look forward to building on our strong track record of delivering innovative solutions to further mitigate risk, 优化抵押品的使用, 降低资本要求, enhance overall market efficiency.”
对存
拥有50年的经验, 存 is the premier post-trade market infrastructure for the global financial services industry. 来自全球20个地点, 存, 通过其子公司, 自动化, 集中, standardizes the processing of financial transactions, 减轻风险, 提高透明度, enhancing performance and driving efficiency for thousands of broker/dealers, 托管银行和资产管理公司. 行业所有和管理, 这家公司有目的地进行创新, simplifying the complexities of clearing, 结算, 资产维修, 事务处理, trade reporting and data services across asset classes and bringing increased security, enhanced resilience and soundness to financial markets. In 2022, 存’s subsidiaries processed securities transactions valued at U.S. $2.5 quadrillion and its depository subsidiary provided custody and 资产维修 for securities issues from over 150 countries and territories valued at U.S. 72万亿美元. 存’s Global Trade 存储库 service, 透过本地注册的, 许可, 或者批准的交易存储库, 处理超过17个.每年50亿条信息. 欲了解更多信息，请访问我们的网站 www.存.com 或者和我们联系 LinkedIn, X, YouTube, 脸谱网, Instagram.