The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
New York Fed Publishes Securities Settlement Fails Data
March 25, 2004
NEW YORK – The Federal Reserve Bank of New York has published aggregate historical securities settlement fails data from its FR 2004 Report of Dealer Positions, Transactions, and Financing with the statistical release as of March 17, 2004. Consistent with the release of other data from the FR 2004 Report series, publication of aggregate fails data will be issued weekly with a one week lag.
Settlement fails data are reported by primary dealers across four distinct categories: Treasury securities, Agency securities, Mortgage-Backed securities, and Corporate securities. The New York Fed has collected fails data in this form since July 1990 for Treasury, Agency, and Mortgage-Backed securities, and since July 2001 for Corporate securities.
A Guide to FR 2004 Settlement Fails Data, which includes a Fails Primer, accompanies the publication of these data.