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Depository Trust & Clearing Corporation
(redirected from Depository Trust and Clearing)

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Depository Trust & Clearing Corporation
A clearing house that is the largest security depository and post-trade financial services company in the world. Based in New York, the DTCC settles the large majority of securities transactions in the United States, totaling $1.86 quadrillion in value in 2007. Along with its subsidiaries, the corporation provides services on mutual funds, insurance, corporate and municipal bonds, equities, mortgage- and government-backed securities, and various other derivatives. Its main competitors are Euroclear and Clearstream.


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6 million to bring Depository Trust and Clearing Corporation to state [NJ Biz] 10.
The US markets in which banks trade in residential mortgage-backed securities (RMBS), a crucial source of finance for mortgage lending, are greatly helped by the Depository Trust and Clearing Corporation.
Actually, the same level of information about CDS trades that would be available to regulators in a clearing house is already available through the Depository Trust and Clearing Corporation (DTCC).
 
 
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