Trade date agreement

The Central Securities Depositories Regulation’s (CSDR) Settlement Discipline Regime (SDR) goes into effect in early 2022 requiring optimized trade confirmation and allocation processes as a crucial step to help prevent trade fails.

CTM™, DTCC’s platform for the central matching of cross-border and domestic transactions. CTM also automates the trade confirmation process across multiple asset classes, including equities, fixed income, repurchase agreements (repos) and listed options. When used in conjunction with DTCC’s ALERT®, clients can automatically enrich trades with account and standing settlement instructions (SSI), ensuring all account information is accurate.

With CTM, firms can manage their entire post-trade matching process on a single best practice solution. By agreeing to the economics, place of settlement (PSET) and associated SSIs on trade date allowing firms to resolve any trade exceptions in a timely fashion.

Today, DTCC’s CTM global client community has grown to more than 2,700 firms, including over 1,500 buy-side firms,1,200 sell-side firms and 120 custodians, who are benefiting from an average 95% same day matching rate – further strengthening its position as the industry standard for the central matching of cross-border and domestic transactions across multiple asset classes and markets.

To learn more about how CTM can help your firm achieve straight through processing and reduce trade fails visit us at www.dtcc.com/ctm.

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