Depository Trust & Clearing Corporation

 

@DTCC

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June 2012

New CCP for Mortgage Backed Securities Cuts Risk and Costs

In the first month of operating its new central counterparty (CCP) for mortgage backed securities (MBS) trades, DTCC achieved a 67% reduction in the volume of mortgage pools and payments involved in settling the trades. This decrease translates into a significant reduction in the costs and operational risks for clients active in this market.

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