Pending Activity refers to transactions that were submitted to DTC for processing but did not complete because of insufficient position, collateral deficiencies, or debit cap deficiencies.
How a Transaction Becomes a Pending Transaction
Each transaction presented to DTC for processing is evaluated to verify if the delivering participant has sufficient position, if both the delivering and receiving participant have sufficient collateral, and if the receiving participant has sufficient debit cap in order to complete the transaction. When a transaction cannot be completed as a result of one of these reasons, it will pend. The transaction will continually recycle throughout the day until it satisfies all of its position and risk management requirements or it will drop at the valued recycle cutoff (approximately 3:10 EST).
Viewing Pending Activity
The Pending Activity Inquiry page allows you to view all of your pending transactions as well as the detail for each pending transaction. You can also cancel transactions, place transactions on hold with or without blockage, and release holds on transactions. See: