DTCC has received approval from the US Securities and Exchange Commission to introduce a cleared triparty repo service within its Agent Clearing Service, according to a statement from the company. The approval follows a rule filing submitted by DTCC’s Fixed Income Clearing Corporation (FICC) in September 2025.
The new ACS Triparty Service allows FICC to clear eligible triparty repo transactions for Agent Clearing Members and their Executing Firm Customers. This includes trades executed between an executing firm and its own agent clearer, as well as transactions involving another FICC Government Securities Division (GSD) netting member or that member’s client. DTCC said the service will be offered using BNY’s Global Collateral Platform.
Expanded treasury clearing
DTCC linked the launch to preparations for the SEC’s expanded US Treasury clearing requirements, which come into force in December 2026 for cash treasuries and June 2027 for repo. According to the company, the service is intended to support wider access to central clearing for triparty repo activity.
