Broadridge survey shows industry broadly confident on US Treasury cash clearing deadline, repo work lags
BR•Repo work lags ahead of 2027 deadline
Repo clearing readiness lags ahead of the June 30, 2027 deadline.
- Execution has started for repo at 87% of buy-side firms and 84% of sell-side firms.
- Funded repo-clearing projects rose to over half.
- Key constraints include legal and contract negotiations, technology integration delays and regulatory clarity gaps.
- 50% expect ongoing costs to rise.
Industry confidence is broad for Treasury cash clearing
Broadridge-backed survey of 340 experts shows broad readiness for mandatory U.S. Treasury cash clearing by Dec. 31, 2026.
- 86% report at least some confidence in meeting the mandate; 44% are very confident.
- 16% are not confident on repo clearing readiness, versus 13% for cash.
