Mercury Transmit Color Management

Question.

3rd monitor attached directly to GPU to serve as a "Program" monitor via Mercury Transmit. There is no BMD/AJA break out box in the mix. 

What is occuring as far as color management via Mercury Transmit?

Does mercury transmit bypass any of the OS attempts at color management? (both Mac/PC, icc or etc)

Does mercury transmit invoke or disable any of Premiere's color management like Display Color Managment (EDCM)?

Is the mercury transmit stream always and solidly rec 709 / 2.4?

Is it correct to assume that settings applied via the Nvidia control panel are still active but not the OS color management? 

Thanks.

Cammatador