Series 99: Fixed Income Clearing Corporation (FICC)

Taken from our Series 99 - FINRA Operations Professional Qualification Examination

Definition of the term Fixed Income Clearing Corporation (FICC)...

a clearing house for the Treasuries securities market. Among its responsibilities, the FICC collects and records the successful bids and when-issued trades for the new security from its member firms.

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Solomon Exam Prep Study Materials for the Series 99
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