What is Depository Trust & Clearing Corporation – DTCC?
Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world’s largest financial services corporation dealing in post trade transactions. Read more for examples and further explanation including related video clips and also comments
Example explains Depository Trust & Clearing Corporation – DTCC
Owned by its principal users, the DTCC’s function is to integrate the NSCC and DTC, streamlining clearing and depository transactions in attempts to reduce cost and increase capital efficiency.
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