20 October 2026
In this live episode of AFME Voices, recorded at AFME’s OPTIC Conference, Pete Tomlinson, AFME Head of Equities and Post-Trade, and Ingrid Garin, EMEA Head of Liquidity and Financing at BNY, discuss mandatory central clearing in the US Treasury market. The conversation explores the SEC reforms, which transactions and market participants are in scope, the implications for European firms, clearing access models, margin and collateral, and the potential benefits and risks for market resilience. The episode also considers what the US approach could mean for the future of clearing in Europe.