The Depository Trust & Clearing Corporation (DTCC), based primarily at 55 Water Street in New York City, is the world’s largest post-trade financial services company. DTCC was established in 1999 as a holding company to combine The Depository Trust Company (DTC) and National Securities Clearing Corporation (NSCC). It was set up to provide an efficient and safe way for buyers and sellers of securities to make their exchange, and thus "clear and settle" transactions. It also provides central custody of securities.
User-owned [1] and directed, it automates, centralizes, standardizes, and streamlines processes that are critical to the safety and soundness of the world’s capital markets. Through its subsidiaries, DTCC provides clearance, settlement, and information services for equities, corporate and municipal bonds, unit investment trusts, government and mortgage-backed securities, money market instruments, and over-the-counter derivatives. It also manages transactions between mutual funds and insurance carriers.
Andrew Grant Douglas (Born 1932 in Toledo, Ohio) is a former Republican justice of the Ohio Supreme Court who served in that office from 1985 to 2002.
Depository Trust And Clearing Corporation
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Depository Trust And Clearing Corporation
Business Investment Book Summary: The Depository Trust Company: DTCs Formative Years and Creatio...
2011 Governor's Sterling Award-The Depository Trust & Clearing Corporation Acceptance Video
Depository Trust & Clearing Corporation
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SHOCKING Revelation: Do You Really Own Your Stocks and Paper Assets?
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Testimony of AIG Trustees, Part 2
Testimony of AIG Trustees, Part 10
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