Sources at DTCC say that they are planning for a late September/October launch of the NSCC equity finance CCP, pending regulatory approvals. On July 22nd, NSCC filed the SFT Clearing Service proposal with the SEC.
For more on the DTCC’s plans, see the Finadium report Are You Ready for DTCC’s Equity Finance CCP?, January 2020.
Additional resources on Finadium.com:
Agent lender first movers on the NSCC SFT CCP will gain the advantage, a guest article from Laura Klimpel, DTCC.