Products and Services
Real-Time Trade Matching
Real-Time Trade Matching (RTTM®) enables dealers, brokers and other market participants to automate the processing of fixed income securities trades throughout the trading day.
Repurchase Agreements Services
FICC, through its Government Securities Division (GSD), matches and nets repo transactions as part of its netting process for other government securities trading activity, including all buy/sell transactions and auction purchases.
Repurchase Agreement Collateral
Repo transactions are processed, compared and netted along with other government securities trades each day by the Government Securities Division (GSD) of FICC.
The Auction Takedown service reduces settlement risk and costs for participants in Fixed Income Clearing Corporation’s (FICC) Government Securities Division (GSD) that purchase securities through the U.S. Treasury Department’s auction programs.
Expanding the availability of central clearing to the bilateral repo market.
The GCF Repo® service enables dealers to trade general collateral repos, based on rate, term, and underlying product, throughout the day without requiring intra-day, trade-for-trade settlement on a Delivery-versus-Payment (DVP) basis.
Sponsored Membership at GSD offers eligible clients the ability to lend cash via FICC-cleared DVP repo throughout the day.;
Netting and Settlement Services
The Netting and Settlement service of FICC’s Government Securities Division (GSD) provides centralized, automated clearance and guaranteed settlement of eligible U.S. Treasury bills, notes, bonds, strips and book-entry non-mortgage-backed agency securities.
Automated Funds-Only Settlement Service
FICC's Automated Funds-Only Settlement Service provides a standardized, automated method for settling non-trade, funds-only obligations each day between FICC and its customers' settling banks.