DTCC plans to extend clearing hours to support 24x5 trading in Q2 2026.
The group will integrate SIX x-clear in Switzerland and BME Clearing in Spain.
This will help participants comply with the SEC clearing mandate for U.S. Treasuries and repos.
The model is designed to broadly replicate the futures commission merchant (FCM) clearing model in the US.
A voluntary approach with stronger infrastructure and “done-away” clearing will strengthen the market.
The joint venture with Susquehanna will serve FCM platforms with derivatives, including prediction markets.
SIX is taking a step forward in becoming a leading pan-European provider of digital post-trade solutions.
Building a regulated institutional-grade market for crypto derivatives requires strong clearing participation.
If approved, the firm would operate the first stablecoin-native clearinghouse for prediction markets.