US Treasury Central Clearing

Highlighting where the biggest challenges and opportunities lie as the industry moves toward mandatory central clearing.

US Treasury Central Clearing - webinar

Mandatory central clearing for US Treasuries is approaching quickly, and many firms are moving from assessment into execution.

During the session, Brian Disken (DTCC), Mark Pekala (Broadridge), Nate Wuerffel (BNY), Steve Byron (SIFMA), and Martin Lawrence (The ValueExchange) discussed:

  • Assessment is ongoing, but time is now the key constraint
  • Readiness hinges on identifying in-scope Treasury activity
  • Clearing model choices impact capital, margin, and operations
  • Service provider, documentation, and testing dependencies are emerging
  • Early movers see value in going live and refining later

US Treasury Central Clearing webinar on
Tuesday, 20 January 2026 at
10:00 AM EST / 3:00 PM GMT / 4:00 PM CET

Our US Treasury Central Clearing key findings report, produced in partnership with BNY, Broadridge, DTCC, and SIFMA, outlines confidence levels, anticipated costs, and the primary concerns firms face. This webinar brings together experts from those organisations to discuss the findings and answer your questions directly.

Join:

  • Nate Wuerffel, Global Head of Market Structure & Product Lead for Global Collateral, BNY
  • Mark Pekala, VP, Fixed Income Product Management, Broadridge
  • Brian Disken, Executive Director, Head of Treasury Product, DTCC
  • Steve Byron, Managing Director, Head of Operations, Technology, Cyber & BCP, SIFMA
  • Martin Lawrence, Chief Customer Officer, The ValueExchange (moderator)


Date:
Tuesday, 20 January 2026
Time: 10:00 AM EST / 3:00 PM GMT / 4:00 PM CET

Date: January 20th, 2026

Time: 10:00 AM EST / 3:00 PM GMT / 4:00 PM CET

Mandatory clearing is coming but is the market ready?

  • 88% of firms are at least somewhat confident of being ready ahead of the deadline, 47% of those being very confident
  • USTC remains a North American topic, with low levels of understanding overseas. While awareness is high in the US, only 27% of European respondents describe themselves as very familiar with the rule changes, and APAC firms report only partial familiarity.
  • 38% of firms expect margins to increase by over 25%, while 55% of respondents anticipate an increase in regulatory capital costs.

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