Fixed Income Clearing Corporation: Difference between revisions
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FICC provides services relating to the US Government securities and the mortgage-backed securities (MBS) markets. | FICC provides services relating to the US Government securities and the mortgage-backed securities (MBS) markets. | ||
It offers real-time trade matching, clearing, risk management and netting for trades in US Government debt issues, including repurchase agreements or repos. For MBS markets, it offers trade matching, trade confirmation, risk management, netting, settlement and electronic pool notification. | It offers real-time trade matching, clearing, risk management and netting for trades in US Government debt issues, including repurchase agreements or repos. | ||
For MBS markets, it offers trade matching, trade confirmation, risk management, netting, settlement and electronic pool notification. | |||
FICC is registered with and regulated by the U.S. [[Securities and Exchange Commission]] (SEC). | FICC is registered with and regulated by the U.S. [[Securities and Exchange Commission]] (SEC). | ||
Revision as of 16:44, 19 November 2017
(US)
(FICC).
The Fixed Income Clearing Corporation is a subsidiary of the Depository Trust & Clearing Corporation (DTCC).
FICC provides services relating to the US Government securities and the mortgage-backed securities (MBS) markets.
It offers real-time trade matching, clearing, risk management and netting for trades in US Government debt issues, including repurchase agreements or repos.
For MBS markets, it offers trade matching, trade confirmation, risk management, netting, settlement and electronic pool notification.
FICC is registered with and regulated by the U.S. Securities and Exchange Commission (SEC).
