The Depository Trust & Clearing Corporation (DTCC) has launched DTCC Treasury Kinetics, a new service that provides access to critical US treasury transaction data, increasing transparency into the repurchase agreement (repo) market.
Leveraging data from the Government Securities Division of DTCC’s subsidiary, Fixed Income Clearing Corporation (FICC), this new service provides a daily summary of aggregated and anonymised trade activity including number of trades, volumes, dollar amounts and rates for delivery vs payment (DVP) repo. On average, FICC matches, nets and settles repo transactions valued at more than USD3 trillion dollars each day.
DTCC Treasury Kinetics is the latest service in the firm’s ongoing effort to deliver data that helps clients better navigate market uncertainty. This data set provides market participants with a wide range of capabilities, including the ability to track stability, spot potential market dislocations, or search for the next investment opportunity.