Fixed Income Clearing Events

Contact The Learning Team

The Fixed Income Clearing Corporation (FICC) was created in 2003 to reduce costs and give DTCC customers a common approach to fixed income transaction processing by integrating the Government Securities Clearing Corporation and the Mortgage-Backed Securities Clearing Corporation.

 

Corporate, Municipals, and UITs (CMU)

The Corporate, Municipal, and UITs (CMU) system provides all of its customers with RTTM - a single pipeline, a common processing platform, and a standardized message format for the U.S. fixed income markets. RTTM reduces execution and settlement risk as well as costs because it allows customers to maximize the volume of trades that match on trade date, and ensures that trades are locked in and ready for settlement, moments after they've been submitted. It also allows firms to fix any processing problems the same day when an error occurs, rather than waiting for the following morning, as in the previous batch processing system.

 

 

Government Securities Division (GSD)

The Government Securities Division (GSD) is the leading provider of trade comparison, netting and settlement for the Government securities marketplace. GSD offers a suite of services to support and facilitate the submission, comparison, risk management, netting and settlement of trades executed by its Members in the U.S. Government securities market. GSD clients include the nation's major brokers and dealers, as well as a wide range of entities that trade U.S. Government securities.

 

Mortgage-Backed Securities (MBS)

The Mortgage-Backed Securities Division (MBSD) is the sole provider of automated post-trade comparison, netting, electronic pool notification, pool comparison, pool netting and pool settlement services to the mortgage-backed securities market thus providing greater efficiency, transparency and risk mitigation to this specialized market.

 

This simulation is designed to help you navigate through the process of accessing reports in Report Center. 

Category: DVP Service
Views: 15

This simulation is designed to help you navigate through the process of affirming a DVP Trade as a Dealer or a...

Category: DVP Service
Views: 14

This simulation is designed to help you navigate through the process of entering a DVP Repo or Reverse Repo Trade...

Category: DVP Service
Views: 16

This simulation is designed to help you navigate through the Dealer Login Home Page. 

Category: GCF Repo Service
Views: 14

Category: DVP Service
Views: 11

Category: DVP Service
Views: 7

Category: DVP Service
Views: 14

Category: GCF Repo Service
Views: 12

If you are interested in learning more about membership to DTCC or any of its' subsidiaries (FICC or NSCC for...

Category: Government Securities Division (GSD)
Views: 64

If you are interested in learning more about FICC's GSD Netting Member benefits, check out this video.

Category: Government Securities Division (GSD)
Views: 17

If you are interested in learning more about FICC's GSD services or have plans to apply for membership, check out this...

Category: Government Securities Division (GSD)
Views: 13

Category: GSD Risk Management
Views: 16

Category: GSD Risk Management
Views: 8

Category: GSD Risk Management
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This video provides and overview of the Clearing Fund Components which are apart of GSD's Risk...

Category: GSD Risk Management
Views: 7

Category: GSD Risk Management
Views: 18

Category: GSD Risk Management
Views: 9

Category: GSD Risk Management
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This video presentation explains the loss allocation methodology for the Government Securities Division (GSD).

Category: GSD Risk Management
Views: 34

This simulation is designed to help you navigate through the process of disaffirming a pending affirm GCF...

Category: GCF Repo Service
Views: 17

This simulation is designed to help you navigate through the process of modifying a GCF Repo® Trade as a Dealer.

Category: GCF Repo Service
Views: 11

This simulation is designed to help you navigate through the process of searching for a GCF Repo® Trade as a...

Category: GCF Repo Service
Views: 13

This simulation is designed to help you navigate through the process of canceling an affirmed GCF Repo® Trade as...

Category: GCF Repo Service
Views: 10

This simulation is designed to help you navigate through the Dealer View Overall Position Monitor screen.

Category: GCF Repo Service
Views: 16

This simulation is designed to help you navigate through the Broker View Overall Position Monitor screen.

Category: GCF Repo Service
Views: 15

This simulation is designed to help you navigate through the process of modifying a GCF Repo® Trade as a Broker.

Category: GCF Repo Service
Views: 10

This simulation is designed to help you navigate through the process of searching for a GCF Repo® Trade as a...

Category: GCF Repo Service
Views: 8

This simulation is designed to help you navigate through the process of entering a GCF Repo® Trade as a Broker.

Category: GCF Repo Service
Views: 33

This simulation is designed to help you navigate through the process of canceling a GCF Repo® Trade as a...

Category: GCF Repo Service
Views: 8

This simulation is designed to help you navigate through the Broker Login Home Page. 

Category: GCF Repo Service
Views: 8

This simulation is designed to help you navigate through the process of affirming a GCF Repo® Trade as a...

Category: GCF Repo Service
Views: 18

This simulation is designed to help you navigate through the Login Home Page. 

Category: DVP Service
Views: 8

This simulation is designed to help you navigate through the the Obligations Query screen.

Category: DVP Service
Views: 13

This simulation is designed to help you navigate through the process of searching for a DVP Repo Substitution as...

Category: DVP Service
Views: 21

This simulation is designed to help you navigate through the Advisories Split-View Query screen. 

Category: DVP Service
Views: 10

This simulation is designed to help you navigate through the process of searching for a DVP Trade. 

Category: DVP Service
Views: 4

This simulation is designed to help you navigate through the process of modifying a DVP Repo Trade as a...

Category: DVP Service
Views: 8

This simulation is designed to help you navigate through the process of modifying a DVP Cash (Buy / Sell) Trade...

Category: DVP Service
Views: 6

This simulation is designed to help you navigate through the process of entering a multiple allocation DVP Repo...

Category: DVP Service
Views: 10

This simulation is designed to help you navigate through the process of entering a single allocation DVP Repo...

Category: DVP Service
Views: 6

This simulation is designed to help you navigate through the process of entering a DVP Repo or Reverse Repo Trade...

Category: DVP Service
Views: 13

This simulation is designed to help you navigate through the process of entering a when issued DVP Trade as a...

Category: DVP Service
Views: 9

This simulation is designed to help you navigate through the process of entering a DVP Cash (Buy / Sell) Trade as...

Category: DVP Service
Views: 12

This simulation is designed to help you navigate through the process of canceling a DVP Trade as a Dealer or a...

Category: DVP Service
Views: 4

This simulation is designed to help you navigate through the process of saving column sets in the Trade Search Query...

Category: DVP Service
Views: 4

This simulation is designed to help you navigate through the process of saving query searches and column sets in the...

Category: DVP Service
Views: 9

Corporate, Municipal, and UITs (CMU)

 


Contact your DTCC Relationship Manager.

For CMU matching questions, please enter an inquiry into the DTC PBS WINS system or call (888) 382-2721. Select option 2 (Equity & Fixed Income), and then select option 3 (Equity, CNS, OW & CMU).

For RTTM Web Password resets: If you are not an access coordinator at your firm, please contact your firm’s access coordinator to reset your password.

If you are an access coordinator for your firm, please call the Customer Support Center (CSC) at (888) 382-2721 and press 1 (Password Issues), then 3. You can also refer to the pdf CMU RTTM Web User Guide (10.34 MB) .

For problems with data communication or RTTM Web access, call the Customer Support Center at (888) 382-2721. Press 5 (Technical Services), then 5 (FICC Connectivity and Technical Support).


 

Government Securities Division (GSD)

General DVP FAQs

GCF Repo® Billing FAQs

GCF Repo® FOS Key Terms FAQs

GCF Repo® FOS FAQs

GCF Repo® Risk Management FAQs

FICC Customer Reporting (FIR) FAQs

 

Mortgage-Backed Securities (MBS)

 

 

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