What is a Contra participant?
contra. The other side of a participant transaction. Whenever a security is moved, one side gets a credit and the other a debit.
Who are the members of the DTCC?
Michael C. Bodson.
Who created the DTCC?
Leadership. The architect of the industry response to the 1960s paperwork crisis, and of what is now DTCC, was William (Bill) T. Dentzer Jr., a former US public official and intelligence community member. Dentzer was the founder of DTC, and its Chairman & CEO from 1973 to 1994.
What does Ficc stand for?
Fixed Income Clearing Corporation
The Fixed Income Clearing Corporation (FICC) is a regulatory agency that deals with the confirmation, settlement, and delivery of fixed-income assets in the U.S. The FICC ensures the systematic and efficient settlement and clearing of U.S. government securities and mortgage-backed security (MBS) transactions in the …
What is a contra order?
Basically a Sell order is a simple one where you simply sell stocks which you currently own in your CDP account or custodian account. Sell Contra Order. Contra is the 3 days period where you can owe your broker for the stocks you brought. After the 3 days, if you have not sold your stocks, you must pay your broker.
What is contra income?
Contra revenue is a deduction from the gross revenue reported by a business, which results in net revenue. Contains either an allowance for returned goods, or the actual amount of revenue deduction attributable to returned goods. Sales allowances.
Who founded the DTCC?
Who is the head of DTCC?
Michael C. Bodson
Michael C. Bodson is President and Chief Executive Officer of DTCC. He is also President and Chief Executive Officer of DTCC’s principal operating subsidiaries, DTC, FICC and NSCC and a member of DTCC’s Board of Directors.
What does DTC code mean?
DTC stands for Diagnostic Trouble Codes (automotive on-board diagnostics) This definition appears very frequently and is found in the following Acronym Finder categories: Science, medicine, engineering, etc.
What is DTC fault code?
The P0089 is a diagnostic trouble code (DTC) for a fault found with the fuel pressure regulator. The fuel pressure regulator regulates how much fuel is delivered to the fuel injectors.
What is DTC number?
The DTC number is a number that is issued in connection with Depository Trust Company transactions. The number, known as an International Securities Identification Number, or ISIN, is required for companies that want to become listed with the DTC.
What is a DTC error code?
The error code P0700 is a diagnostic trouble code or DTC. It’s an informative code that indicates a possibility that the transmission control system is malfunctioning. The TCM or transmission control module works in monitoring the actuators and sensors that relate to the transmission control.