Standard Forms / Documentation / Guidelines
Trade Assignment Agreement
The Association has published a Trade Assignment Agreement, which may be utilized to assign an outright securities transaction, or the back-leg of a repo transaction. The creation of the attached was precipitated by a number of outstanding unsettled transactions in the MBS and government securities markets; assigning a position in an unsettled transaction to another counterparty in the "chain" of unsettled transactions may be one way counterparties can shorten such chain or round robin.