Tag: DTCC

Omego Names New Leadership

The post-trade industry utility Omgeo announced a leadership change earlier today with the planned departure of CEO Marianne Brown in the second half of February. This is the first major management change for the company since the Depository Trust & Clearing Corp. (DTCC) acquired Thomson Reuters’ half of the joint venture in October. Brown joined…

Will Kill Switches Drive T+0?

The US cash equities market might reach same-day trade guarantees if the US Securities and Exchange Commission (SEC) follows suggestions of the industry working group formed to address to exchange-based kill switches. The working group, which consists of the major self-regulatory organizations (SROs) , leading market makers, The Financial Industry Regulatory Authority (FINRA) and the Depository…