Overview

The purpose of this section is to provide users with an understanding of what notification of settlement is, how to access the systems required to utilize notification of settlement, locate and understand the output and reports from the notification of settlement process, and any other technical information required to make sure you optimize all of the features, functions and backup of all the systems required for successful usage.

 

Click on the topics below to learn more about Notification of Settlement...


Overview

The purpose of this section is to provide users with an understanding of what notification of settlement is, how to access the systems required to utilize notification of settlement, locate and understand the output and reports from the notification of settlement process, and any other technical information required to make sure you optimize all of the features, functions and backup of all the systems required for successful usage.

 

Click on the topics below to learn more about Notification of Settlement...

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Overview

A notification of settlement (NOS) is submitted to MBSD’s clearing system to advise MBSD that a TBA or specified pool trade obligation has settled outside the clearing corporation. NOS will continue to be used by members to notify FICC of settlements that are conducted directly between members outside the clearing corporation. This section describes various screens you can use to enter, search for, DK and delete a NOS as well as view potential rejects.


 

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