Depository Trust & Clearing Corporation

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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.
References in periodicals archive ?
These actions included lawsuits to withdrawals, or threatened withdrawals, from the Depository Trust and Clearing Corp.
SFTI links the New York Stock Exchange (NYSE), the American Stock Exchange (AMEX), the Depository Trust and Clearing Corp.
OTCBB: NUTK) ("Nutek" or the "company") today announced that it is exiting the Depository Trust and Clearing Corp.

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