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GSCC |
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? Mentioned in | ? References in periodicals archive | |
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GSCC establishes a single net position for each participant's daily trading activity in a given security by netting all cash and repo transactions and Treasury auction purchases. Subject Data element Type of beneficiary BIC, TOC Entitlement and current payments DOCE, DOCA, LAF, TAC-2 Payment amount PIA, MBC, PIFC, CRIMC Representative payment TOP, CC Dual entitlement LEMBA, SAMBA, OTBIC, DESC, TOD Geographic location ZIP, SCC, GSCC, DOC, PCOC Demographic data AGE, DODP, DOBP, SEOB, ROP, SOP SSI payment status SIFT, SISC Netting of RPs would reduce overdrafts to the extent that they are caused by movements of securities across Fedwire between GSCC members or their customers. |
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