CNS® Overview: Part 1
Duration :
15
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1265
Welcome to CNS® Overview Part 1, a two-part series View part 1 to obtain an introduction to the CNS system, including:
- Origins of the CNS system.
- Importance of CNS and multilateral netting.
- Flow of trades between brokers.
- Overview of the netting process and impact of a net position.
- Difference between long and short positions.
- Role of DTC.
- Workings of mark-to-market.
Next Steps: View CNS Part 2 or return to CNS Overview.