In late June, DTCC announced that Citadel had completed transactions in both cash and repo using FICC’s sponsored service, which has been expanding since 2017 to include more market participants. Among the first on the buy-side to join after the latest expansion for done-away activity, approved by the SEC earlier this year, are affiliates and subsidiaries of Citadel. We take a closer look at how central clearing continues to make inroads to the US Treasury Market.
Buy-side UST/repo clearing on FICC: risk, process and math (Premium)
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