MBSCC - What does MBSCC stand for? The Free Dictionary
Also found in: Financial
|MBSCC||Mortgage Backed Securities Clearing Corporation (US SEC; est. 1979)|
|MBSCC||MBS Clearing Corporation|
|MBSCC||Mid-Bronx Senior Citizens Council (New York)|
References in periodicals archive
Clearly, the industry has given up float incrementally since the inception of the MBSCC
government securities, while MBSCC
clears an average of about $200 billion a day in mortgage-backed securities trades.
The September 27 implementation included the retirement of the existing MBSCC
batch trade matching facility, as well as the replacement of the current Terminal Service.
Integration of GSCC, MBSCC
& EMCC: At the end of the year, in another significant move that will help reduce costs and improve efficiencies for the industry, the shareholders of the Government Securities Clearing Corporation, MBS Clearing Corporation and the Emerging Markets Clearing Corporation voted to have their organizations become subsidiaries of DTCC, effective Jan.