The purpose of this section is to provide the user with an understanding of what pool netting is, how to access the systems required to utilize pool netting, locating and understanding the output and reports from the pool netting 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 pool netting...


The purpose of this section is to provide the user with an understanding of what pool netting is, how to access the systems required to utilize pool netting, locating and understanding the output and reports from the pool netting 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 pool netting...

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In 2009, FICC introduced the Central Counterparty (CCP) Pool Netting Service. This service is part of the Real-Time Trade Matching (RTTM) system for mortgage-backed securities (MBS); RTTM is a product of the Fixed Income Clearing Corporation's (FICC) Mortgage-Backed Securities Division (MBSD). Pool netting allows MBS clearing members to net pool instructs stemming from TBA netting and trade-for-trade–date (TFTD) activity to arrive at a single net position in a particular pool. This applies to those pool instructs that meet certain trading velocity and netting criteria.


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