Depository Trust & Clearing Corporation

 

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DTCC Learning

DTCC Learning

Courses Offered: Settlement Services - Stock Loans and REPOs

The Settlement learning track introduces the DTC Settlement Service, which provides the architecture for most equities and municipal and corporate bond transactions in the United States. DTCC Learning offers the following courses related to stock loans and repurchase agreements, commonly known as repos.

 

Course Name Description
Stock Loans and REPOs 101
  • What a stock loan is
  • Effects of stock loans on position
  • Ramifications of stock loan default
  • What a REPO is
  • Difference between stock loand and REPO
  • Effects of REPOs on position
  • Ramifications of REPO default
Stock Loans and REPOs 102
  • How to use DTC systems to process stock loans, stock loan returns, REPOs, and REPO returns
  • Appropriate transaction reason codes
  • Relevant PTS/PBS time constraints
Stock Loans and REPOs 103
  • How dividend and income payments are processed
  • Adjustments
  • Viewing stock loan and REPO activity and transaction details

 

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