Settlement, a consolidated end-of-day process and the final step of a securities trade, completes the transfer between trading parties of securities ownership and cash. DTC, the central securities depository subsidiary of DTCC, provides settlement services for virtually all broker-to-broker equity and listed corporate and municipal debt securities transactions in the U.S., as well as...
Each record indicates the closing balance for a specific CUSIP in one of the Participant's DTC accounts. The information received via the APIBAL function may be used to automate both the verification of a Participant's closing balance by CUSIP/Account and the determination of a Participant's position with DTC at the end of the previous business day.
To see APIBAL click here.
SLRBLC enables all DTC Participants to access information concerning the composite balances by security of their Stock Loan and Repo accounts at DTC. The records will be generated for all eligible Participants that have an account balance, and will include data for those accounts that contain a net zero balance.
To see SLRBLC click here.
The FFSBST function will provide Settling Banks with a Legal Entity Settlement balance file. The file will be produced at approximately 4:00 P.M. each day after Final Figures, and will consist of the Bank’s Legal Entity Participant accounts and their corresponding NSCC and DTC settlement balances. A net settlement balance will be provided for each participant along with the participants’...
The PARTPO transmission contains all original and reclaim Security Payment Order (SPO) and Premium Payment Order (PPO) transactions that have been processed by DTC's Settlement System during the business day.
To see PARTPO click here.
The Risk Management Controls Inquiry (RMCI) function allows you to view the current settlement balance or Risk Management Control-related balances for your collateral group.
You can also view your:
Settlement Progress Payments (SPP) and Principal & Interest (P&I) available balances
Net debit caps
Debit peak averages