Products and Services
Real-Time Trade Matching
Real-Time Trade Matching (RTTM®) enables dealers, brokers and other market participants to automate the processing of fixed income securities trades throughout the trading day.
GSD matches and nets Repo Transactions as part of its netting process for other government securities trading activity, including all buy/sell transactions and auction purchases.
Repo Collateral Substitution
GSD's repo services include an automated facility that supports the Substitution of Repo Collateral.
The Auction Takedown service reduces settlement risk and costs for participants in GSD that purchase securities through the U.S. Treasury Department’s auction programs.
The CCIT Service extends CCP services and guarantee of completion of eligible trades to tri-party repo transactions between GSD dealer members and eligible tri-party money lenders.
The GCF Repo® service enables dealers to trade general collateral repos, based on rate, term, and underlying product, throughout the day without requiring intra-day, trade-for-trade settlement on a Delivery-versus-Payment (DVP) basis.
Sponsored Membership at GSD offers eligible clients the ability to lend cash or eligible collateral via FICC-cleared DVP repo throughout the day.
Netting and Settlement Services
The Netting and Settlement service of GSD provides centralized, automated clearance and guaranteed settlement of eligible U.S. Treasury bills, notes, bonds, strips and book-entry non-mortgage-backed agency securities.
Automated Funds-Only Settlement Service
FICC's Automated Funds-Only Settlement Service provides a standardized, automated method for settling non-trade, funds-only obligations each day between FICC and its customers' settling banks.