For more than 50 years, DTCC has worked to automate and streamline the processing of eligible securities across the entire lifecycle. DTCC helps ensure that an issuer’s dividends are paid on time, stock offerings are processed quickly and cost-effectively, and that issuers have the tools they...
DTCC's CA Web Service offers a near-real-time, consolidated source for DTC-eligible announcements in a feature-rich browser. About DTCC’s CA Web Service offers a robust array of features to help you identify business-critical announcements. From the moment you log on, you have the ability...
The Depository Trust Company (DTC) provides settlement services at lower risks and costs, increasing market efficiency. However, securities must be eligible to be settled using the DTC. Every trader or dealer trading in equity,money market, or debt instruments is presented with net settlemen...
The resulting transactions from this TBA Netting process are identified as SBON Trades. SBOD Settlement Balance Order Destined (SBOD) is a trade type used for trades in TBA CUSIPs eligible for SBO processing, when TBA netting is desired. SBON Settlement Balance Order Netted (SBON) is the...
Discover the role of the Depository Trust Company (DTC) in the financial industry. Learn about its services, eligibility, and impact on the financial market.
“Eligible Unbilled Account” means, at any time, an Account that satisfies all of the conditions necessary to be an Eligible Account hereunder, with the single exception that the Borrower has recognized the revenue with respect to such Account on its books in accordance with GAAP but has not ...
submitted by the Super Access Coordinator (SAC) for transfer agent employees, should be emailed to: FAST Issue Eligibility Requests from FAST agents to add a DTC-eligible securityii to FAST and for any changes in the FAST status of a security in the program (change of transfer agent, removal...