TENTANG EPISODE INI
The latest episode of TonicBoom! is hosted by Philip Forkan, Tonic’s Head of Collateral, who was joined by Tonic’s head of post-trade, Philip Cook and our legal friends from D2LT Emma Wooldridge and Sydney Hassal.
In this episode, the group addressed the SEC’s recent extension of clearing deadlines and what this could mean for market participants. The new compliance dates set for December 2026 (cash transactions) and June 2027 (repo) seem to give breathing room, but we know that the market is eagerly awaiting done-away trading models and new CCP offerings, which result in massive undertakings across financial firms and market participants who trade in-scope US Treasuries, particularly UST repo. New paper will be required for the ‘new’ clearing methods and CCP offerings.
The podcast teams also addressed:
In this episode, the group addressed the SEC’s recent extension of clearing deadlines and what this could mean for market participants. The new compliance dates set for December 2026 (cash transactions) and June 2027 (repo) seem to give breathing room, but we know that the market is eagerly awaiting done-away trading models and new CCP offerings, which result in massive undertakings across financial firms and market participants who trade in-scope US Treasuries, particularly UST repo. New paper will be required for the ‘new’ clearing methods and CCP offerings.
The podcast teams also addressed:
- The growing need to standardize legal agreements across clearing access models for speed and efficiency
- Lessons Learned from FINRA 4210, and
- Smaller Player Challenges, or challenges for firms without exposure to derivatives markets
Please do give it a listen, and reach out to us at Tonic to discuss your US treasury clearing compliance journey!
00:00 Episode Intro
02:45 Two Truths, One Lie Challenge
09:30 Treasury Clearing Mandate
16:22 What Should Clients Be Doing Today?
18:00 Start Early and Maintain Momentum
23:46 The Implementation Timeline Iceberg
25:00 Episode Conclusion and Outro
00:00 Episode Intro
02:45 Two Truths, One Lie Challenge
09:30 Treasury Clearing Mandate
16:22 What Should Clients Be Doing Today?
18:00 Start Early and Maintain Momentum
23:46 The Implementation Timeline Iceberg
25:00 Episode Conclusion and Outro
Inggris
Amerika Serikat
TRANSKRIP 🔗
Are you the producer of this podcast?
Add a podcast transcript
Need Audio-to-Text?
Transcribe with Listen411 in Just 60 Seconds
CARI EPISODE TERDAHULU
Cari episode sebelumnya dari TONIC BOOM.
EPISODE LAIN DALAM PODCAST INI
Our Tonic CEO Chris Watts and Head of Digital Steven Czarnota are joined by our friends at State Street, Greg Donovan (Vice President of Collateral Client Solutions) and Sam Edwards (Head of Collateral EMEA/APAC). In this episode of TonicBoom!, we explore how digital is revolutionizing financial ma…
In Part 2 of our special series, host Emma Watson dives even deeper into the evolvinglandscape of securities finance with Steve Lethaby and Andrew TurveyFrom the transformation of market infrastructure to how fintechs are reengineeringworkflows, this episode tackles the big themes shaping tomorrow’…
In this episode, Tonic CEO Chris Watts is joined by Head of Collateral Philip Forkan and guests from HQLAx - Erica De Rosa and Martin O’Connell, to explore how distributed ledger technology (DLT) is reshaping the collateral landscape in global capital markets. Together they take a practical look at…
In this episode of TonicBoom!, host Emma Watson Tonic’s Securities Finance Lead is joined by industry experts Andrew Turvey (GLMX) and Steve Lethaby (Clearstream Banking) to unpack one of the most critical themes in today’s capital markets: driving efficiency in Securities Financing. From the evolu…
Sanggahan: Podcast dan karya seni yang disematkan pada halaman ini berasal dari TONIC BOOM, yang merupakan milik pemiliknya dan tidak berafiliasi atau didukung oleh Listen Notes, Inc.
Sunting
Terima kasih telah membantu agar basis data podcast tetap terbaru
