Toronto
22 November 2016
Reporter: Stephanie Palmer
DTCC’s GTR covers ground in Canada
Post-trade infrastructure DTCC has extended its Global Trade Repository (GTR) service to the Canadian province of Newfoundland and Labrador, meaning it now covers all provinces and territories in the country.

The service supports derivatives and trade reporting under rules 91-507 and MI 96-101, which require reporting for over-the-counter (OTC) derivatives transactions including rate, credit, equity, foreign exchange and commodity derivatives.

GTR is also expected to start providing support for public price dissemination across Canada in January 2017.

Marisol Collazo, CEO of GTR in the Americas at DTCC, said: “As the only global trade repository offering reporting services across all five asset classes, we continue to work with regulators, service providers and end users to facilitate reporting in Canada and other major jurisdictions.”

“Our commitment is to continue to support our clients by offering a flexible platform which simplifies their reporting processes by enabling them to report all their trades once.”

According to DTCC, 150 firms in Canada currently use the GTR service, managing a total of about 620 accounts.

More clearing and settlement news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Brexit could see London lose euro clearing
04 May 2017 | London | Reporter: Mark Dugdale
EU leaders have a “strong argument” for bringing euro clearing into one of the remaining member states once the UK leaves the union, according to Roger Storm of SIX Securities Services
Saudi stock exchange makes move to T+2
24 April 2017 | Riyadh | Reporter: Stephanie Palmer
Tadawul, the Saudi Arabian stock exchange, has officially moved to a T+2 settlement cycle for listed securities, from its previous T+0 system
Clearstream tackles German debt with link to LCH’s RepoClear
13 April 2017 | Luxembourg | Reporter: Mark Dugdale
Clearstream has begun offering a new settlement solution for German debt for customers that clear German bonds and repos through LCH
Euroclear Bankchain goes for gold with second successful pilot
11 April 2017 | London | Reporter: Stephanie Palmer
Euroclear and Paxos have completed a second pilot of their Euroclear Bankchain settlement service for the London bullion market, executing over 100,000 settlements
BM&FBovespa and Cetip form new exchange
07 April 2017 | São Paulo | Reporter: Drew Nicol
Brazilian exchange BM&FBovespa has merged with Cetip, Latin America's largest depository for OTC securities and derivatives
Euronext and ICE Clear partner up
05 April 2017 | Amsterdam | Reporter: Drew Nicol
Clearing operations will be run from Amsterdam, while a new asset financing solution will be built by Euronext and operated from Paris
SEC to move US to T+2
23 March 2017 | Washington DC | Reporter: Drew Nicol
Members of the SEC’s industry steering committee, including DTCC and SIFMA, were quick to praise the commission on the amendment
More clearing and settlement news