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Clearing evolution accelerates as DTCC secures SEC approval for its new ACS Triparty Service deployment on the BNY platform. The expansion aims to streamline cleared repo access and boost operational efficiency in preparation for incoming Treasury regulations.
The move comes as FICC GSD volumes continue to break records, with total volumes reaching $13.2 trillion while buyside activity hit $3.1 trillion. These figures underscore the growing significance of efficient clearing infrastructure in today's fixed income markets and the critical role of settlement systems in supporting market liquidity.