An Exchange Traded Fund (ETF) is a portfolio of securities that trades on an exchange as an equity that seeks to replicate the performance of an index without the need to purchase the underlying components. The NSCC process for clearing ETFs includes the ability to review, either on-line or in a data file, the ETF portfolio constituents, thus automating the creation and redemption of ETF shares and their subsequent settlement. The ETF processing service includes a web based tool displaying the ETF portfolio constituents and relevant cash amounts. ETF processing also includes a nightly distribution of domestic, foreign, and fixed income portfolio information.
Learn more about the ETF processing by expanding the About ETF sections below. Use the menu items at left to access training materials, video FAQs, ETF Portfolio Compostion File information, and ETF documentation.
- ETF Phase 2 enhancements to support fixed income assets for Corporate, Municipal, and UIT (CMU) deployed to production on April 26, 2021. View the client business requirements, user guide, and record layouts accessible from the ETF Phase 2 Deployment tab.
- ETF Phase 1 PCF enhancements for multiple baskets deployed to production on July 27, 2020. See Client Business Requirements: Phase 1 — PCF Enhancements for Processing Multiple Basket Types.
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