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FCMs voice concern over economics and timeline of repo and treasury clearing

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In association with ION, Acuiti published a whitepaper on the impact of the US Treasury market’s upcoming clearing mandate.

LONDON, Nov. 18, 2024 /PRNewswire/ — Sell-side firms that will provide clearing services to clients under the SEC’s treasury and repo clearing mandates have raised concerns over the economics of participation in the market and the timeline for implementation, a report from Acuiti has found.

The Securities and Exchange Commission (SEC) has introduced mandates for centralized clearing of treasury and repo transactions to enhance transparency, stability, and resilience in the $27 trillion Treasury market. The move represents one of the most significant shifts in US capital markets for decades.

US Treasury Markets: Plotting the Sell-Side’s Path to Mandatory Clearing, released today and produced in partnership with ION, surveyed or interviewed senior executives at the major Future Commission Merchants (FCMs) and banks that will be active in the market.

The report found that FCMs have concerns over the timeline and the economics of providing clearing services in treasuries and repos. In addition, many question the capacity of the market to absorb the demand for clearing.

With just over 12 months until the treasury clearing deadline and 18 until repo clearing, the central clearinghouses that will process the transactions under the new mandated framework are still developing their access models.

In addition, many FCMs are still uncertain about their approach to the market and the models they will offer clients from day 1.

Most importantly, around a third of respondents said that they were “critically concerned” over the overall level of returns from offering repo clearing in what is likely to be a capital-intensive, high-volume, low-margin business.

The key findings of the report are:

There is significant industry uncertainty about the viability of current mandate deadlines, with 48% of survey respondents saying the repo deadline was unlikely or impossible and 31% saying the same for the cash deadline.76% of survey respondents favor a phased implementation of the mandate.There remains widespread doubt that current sell-side models and infrastructure can scale to meet incoming demand.There is significant concern over the economics of providing treasury and repo clearing services for the FCMs that offer it to clients.FCMs are planning investments in technology to increase automation and reduce overheads in what is likely to be a high-volume, low-margin business.Consideration of building the required technology is still at an early stage, but almost two-thirds of the market will work with third-party vendors for some or all of the required build.

“With just over a year until introduction of the mandate begins, there remain significant uncertainties in how FCMs and repo desks will approach treasury and repo clearing,” says Ross Lancaster, Head of Research at Acuiti.

“Clarifications and potential additional regulatory activity around accounting treatment, capital requirements, and cross-asset margin offsets will ultimately indicate whether a dominant model will emerge, or the current sponsored model will co-exist with an agency clearing model.”

Francesco Margini, Chief Product Officer for Cleared Derivates, ION Markets, says “Despite the current uncertainties, what is clear today is that automation and scalability of the clearing process will be essential for firms to support the high-volume US Treasury cash and repo business. Big decisions lie ahead of sellside firms on the technology strategy in support of the clearing mandate. The expectation is that market standardization brought by a centrally cleared business will enable software vendors like ION to play an important role in delivering solutions that meet the needs of our customers.”

Download the full report here.

About Acuiti
Acuiti is a management intelligence platform designed to provide Senior Industry Professionals in the Derivatives Industry with high-value insight into industry-wide performance and business operations. Acuiti provides a platform through which our exclusive network of Senior Industry Executives can share and source information on day-to-day operational challenges, providing them and their management teams with increased transparency and in-depth analysis to make more informed decisions and benchmark company performance. Financial Institutions benefiting from our services include Banks, Non-bank FCMs, Brokers, Proprietary Trading Firms, Hedge Funds, and Asset Managers.

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their business for sustained success through continuous innovation. For more information, visit https://iongroup.com/.

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing asset management, cleared derivatives, equities, fixed income, foreign exchange, and secured funding. Our award-winning end-to-end solutions simplify clients’ operations by automating the full trade lifecycle, providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/.  

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SOURCE ION

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NatGold Digital Announces Immediate Delisting of NATG from MEXC Following U.S. Treasury Action

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November 7, 2026

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CORAL GABLES, Fla., Nov. 7, 2026 /PRNewswire/ — NatGold Digital Ltd. (“NatGold” or the “Company”) today announced that it has requested the delisting of the NatGold Token (NATG) from MEXC, a global cryptocurrency exchange where NATG is currently listed, with immediate effect.

The decision follows the U.S. Department of the Treasury’s announcement of an order issued by its Financial Crimes Enforcement Network (FinCEN) under the Combating Russian Money Laundering Act, prohibiting U.S. financial institutions from processing funds transfers involving MEXC Global.

NatGold is a U.S. company whose wholly owned subsidiary, NatGold Integrity Vault LLC, is registered with FinCEN as a money services business. The Company is acting ahead of the order’s effective date.

“As a U.S. company operating through a FinCEN-registered money services business, we are acting immediately in response to Treasury’s decision,” said Mark Radke, Executive Chairman of NatGold Digital. “Trust is a cornerstone of NatGold’s operating structure, and responding promptly to this regulatory action reflects that commitment.”

NatGold is in advanced discussions with multiple regulatory-compliant exchanges and venues  serving global markets, including the United States, and intends to replace MEXC as soon as possible. Once new listings are confirmed, NATG token holders will be advised of the arrangements and encouraged to register accounts and link their wallets, as applicable, to continue trading.

About NatGold Digital Ltd.

NatGold Digital Ltd. is the global leader in digital gold mining and the architect and operator of a patent-pending, non-extractive platform designed to unlock the intrinsic value of technically verified in-ground gold resources that remain securely stored in Mother Nature’s Vault. NatGold Tokens are structured to represent standardized unit interests in NatGold Certified Resources, disclosed under internationally recognized geological Technical Reports — without physical extraction, processing, or movement of gold. The result is a superior fiat money alternative designed to help lead a global monetary reformation.

For additional background, please visit NatGold.com or our official YouTube channel for videos and information about our digital mining ecosystem: youtube.com/@NatGold_Digital.

Contact

Media@NatGold.com
InvestorServices@NatGold.com
+1 (646) 825-3038

The information in the above release has been prepared by NatGold Digital Ltd. (“NatGold”) using its best efforts to realistically and factually present the information contained herein. However, subjective opinion, reliance on factors outside NatGold’s control, and external information sources unavoidably mean that NatGold cannot warrant the information to be exhaustive, complete, or sufficient. The information provided herein is intended solely for general informational purposes and does not constitute an offer or solicitation for the purchase or sale of any shares or securities of NatGold or for the purchase or sale of any NatGold Tokens. NatGold Tokens are not intended to be “securities” in any jurisdiction, and NatGold makes no claim or representation related to the value of NatGold or NatGold Tokens. Potential investors should seek advice from a qualified financial dealer before investing in NatGold. There are substantial risks associated with investing in development-stage digital assets and technology companies.

View original content to download multimedia:https://www.prnewswire.com/news-releases/natgold-digital-announces-immediate-delisting-of-natg-from-mexc-following-us-treasury-action-302932601.html

SOURCE NatGold Digital Ltd.

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What to Look for in an Online GLP-1 Provider: Meant Outlines Five Questions Worth Asking Before Signing Up

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November 7, 2026

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MANASSAS, Va., Nov. 7, 2026 /PRNewswire/ — As more telehealth companies offer GLP-1 care, the options can look alike from the outside, and telling them apart takes more than a glance at a landing page. Meant is sharing five questions consumers can ask when choosing an online GLP-1 provider, along with how it approaches each one.

Five Questions Worth Asking

Who makes the clinical decisions? A trustworthy provider should be clear about which licensed clinicians review each person’s information. At Meant, those decisions are made by licensed providers through its clinical partner, OpenLoop Health.Is there a real evaluation first? Look for a health-history review before anything is prescribed, and for plain language that a prescription is never guaranteed. Meant’s online assessment covers health history, current medications, and goals.Can the company’s credentials be checked? Independent certifications are one signal consumers can verify for themselves. Meant displays the seal for its LegitScript certification on its website.Is it clear who fills prescriptions? Providers should be open about the pharmacies they work with and whether those pharmacies are licensed in the United States.Is ongoing support spelled out, limits included? Good providers explain what follow-up looks like and who handles which questions. Meant pairs care with an optional Care Coach, and medical questions go to the care team.

A certification is a transparency signal, not a government approval or a promise about results, and no checklist replaces a conversation with a licensed clinician. Meant does not diagnose or prescribe, and treatment is not guaranteed for every applicant.

Take a Closer Look

Consumers who want to see how the assessment, clinical oversight, and coaching fit together can visit Meant‘s website and compare the details against the questions above.

About Meant

Meant is a health and wellness technology company focused on personalized GLP-1 weight-care support delivered through telehealth. The platform combines an online clinical assessment, licensed oversight through OpenLoop Health, Care Coach support, and supplemental wellness resources. Meant does not itself diagnose or prescribe; clinical decisions are made by its clinical partners. Learn more at meant.health.

Meant Health, Inc.
support@meant.health
1-512-879-9187
10199 Dean Drive, Manassas, VA 20110, USA

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SOURCE Meant

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Capturing the Beauty of Anhui through Images–2026 Anhui Photography Season Concludes

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4 hours ago

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November 7, 2026

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HUANGSHAN, China, Nov. 7, 2026 /PRNewswire/ — A news report from Crionline.

Spanning summer and autumn across three successive photography tours, the “Picturesque Anhui • Imaging Anhui” 2026 Anhui Photography Season officially wrapped up on November 4. Co-hosted by the Fédération Internationale de l’Art Photographique (FIAP), the Anhui Provincial Department of Culture and Tourism, and the Foreign Affairs Office of Anhui Provincial People’s Government, the event drew 116 photographers from 38 countries and regions. They visited 46 distinctive cultural and tourism attractions across five cities: Hefei, Chizhou, Anqing, Huangshan and Xuancheng. Through their lenses, they presented Anhui’s landscapes, cultural heritage and vibrant everyday life to the world.

Looking back on the three sessions: The first session kicked off in Hefei. Photographers documented the city’s innovation-driven urban landscape as well as the picturesque scenery and intangible cultural heritage of Chizhou’s ancient villages. The second session took them deep into Huangshan and Anqing. They explored time-honored Huizhou villages, magnificent mountains and Huangmei Opera culture, immersing themselves in Huizhou traditions and the cultural charm of the Yangtze River region in western Anhui. The concluding third session was held in Huangshan and Xuancheng, focusing on brilliant autumn hues, Huizhou‑style ancient architecture, and the traditional craftsmanship behind the Four Treasures of the Study.

From lush summer greens to rich autumn colours, the photographers produced more than 11,000 high‑resolution photographs. Reflecting the unique perspectives of international participants, these images will be disseminated globally in diverse forms. They will help tell compelling stories of Anhui’s cultural tourism and further boost the province’s international profile.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/capturing-the-beauty-of-anhui-through-images2026-anhui-photography-season-concludes-302932583.html

SOURCE Crionline

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