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Home » Store » Regulation » DTCC Seeks SEC Nod to Offer Counterparty, Additional Pool Netting Services for MBS Deals

DTCC Seeks SEC Nod to Offer Counterparty, Additional Pool Netting Services for MBS Deals

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Regulation

Product Details

The Fixed Income Clearing Corp., a subsidiary of the Depository Trust & Clearing Corp., has filed an application with the Securities and Exchange Commission to provide central counterparty (CCP) and pool netting services for MBS transactions. According to the filing, the CCP and new pool netting services would be available through the FICC’s MBS Division. Through its subsidiaries, the DTCC provides clearing, settlement and information services for equities, corporate and municipal bonds, government and private MBS, money market instruments and over-the-counter derivatives. The DTCC...
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