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Home » Store » News » FICC’s New MBS Central Counterparty Service Scheduled to Go Online August 17

FICC’s New MBS Central Counterparty Service Scheduled to Go Online August 17

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The Fixed Income Clearing Corp. plans to launch its new central MBS counterparty service in mid-August, which officials hope will bring guaranteed settlement and heightened risk management to the trading of MBS. “We will go live on Aug. 17, subject to two conditions,” said Murray Pozmanter, managing director in the clearance and settlement group of the Depository Trust and Clearing Corp., the...
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