SEC's rule for central clearing of eligible Treasury cash transactions goes live on 31 December.
The regulator is reviewing if tokenised collateral could be used safely by EU CCPs.
Financial institutions and market infrastructures are moving to always-on operations.
Central clearing has been introduced to a securities financing transactions market that operated bilaterally.
For the first time, Coinbase can create and settle fully collateralized derivatives directly.
MIAX also increased net capital in the FCM, Dorman Trading, by $40m.
The transition to mandatory central clearing has implications beyond Treasury cash and repo markets.
There is considerable work to do to prepare for the repo deadline.
The firm has been admitted as a general clearing member of the London Stock Exchange.
