

Courses Offered: FICC
Fixed Income Clearing Corporation (FICC) is divided into the Government Securities Division (GSD) and the Mortgage-Backed Securities Division (MBS). These two divisions offer their own product-specific services to their own members.
| Course Name | Description |
|---|---|
|
Introduction to MBS |
Introduction to Mortgage Backed Securities introduces Mortgage Backed Securities (MBS) and the marketplace. It defines investment characteristics and performance risks associated with MBS. |
| MBS 201 - Introduction to Pool Netting in the MBS RTTM System - Part 1 |
This course introduces you to the pool netting functionality in the MBS RTTM system. It covers entering pool instructs and performing subsequent actions on them, as well as reviewing and querying transactions and pool netting statistics. Below are instructions on how to login:
If you are a new user click "Register (New User)" on the login page. |
|
MBS 202 - Introduction to Pool Netting in the MBS RTTM System - Part 2 |
This course is a continuation of MBS 201. It covers processing CDRs, determining how much TBA position remains available for allocation, determining corrective actions for pool instructs and performing NOS activities to close out settlement obligations that remain open in the system. Below are instructions on how to login:
If you are a new user click "Register (New User)" on the login page. |