The clearing mandate and the growth of an FCM model

3:30pm – 4:30pm, October 29, 2024

– US Treasury issuance, RRP declines and other unusual circumstances
– Will repo adopt an FCM model for clearing?
– What are the mechanics of this decision?
– Who should own FCM business at bank dealers?
– What does a move to segregated accounts in an FCM model do for smaller dealers?
– Will FICC’s plans for done away deliver benefits to clients and dealers?