DTCC faces month-long matching backlog

Matching of inter-repository trades suffering long delays

Sandy Broderick, DTCC Deriv/Serv

The Depository Trust & Clearing Corporation (DTCC) is taking nearly a month to match derivatives trade reports sent to different trade repositories – a situation that is worrying corporates, which are concerned about possible regulatory sanctions.

Since February 12, the European Market Infrastructure Regulation has required both counterparties to a derivatives transaction to report the trade to one of the six trade repositories registered with the European Securities and Markets Authority (Esma)

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: