Fixed
Income Clearing Corporation (FICC) was
formed by the merger of the Government Securities Clearing
Corporation (GSCC) and the
MBS Clearing Corporation (MBSCC)
in order to bring greater synergies, cost reductions and efficiencies to the
post-trade processing of fixed income instruments.
For previous 12 months
government securities Total Value Compared is $570 trillion
and Total Value Settled is $188 trillion.
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