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Emerging Markets Clearing Corporation

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Emerging Market Clearing Corporation
A clearing corporation that performs clearing services for bonds and other debt securities issued in developing countries. Established in 1998 with expanded clearing services becoming operational in 2002, it is associated with the Depository Trust & Clearing Corporation.

Emerging Markets Clearing Corporation (EMCC)
An industry-owned company that assists in the clearance and netting of emerging market debt products. Founded in 1998, EMCC reduces dealer risk by becoming a counter party to trades in emerging market debt.


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He is a member of the board of The Depository Trust & Clearing Corporation, chairman of its Audit Committee, and a member of the board of its subsidiaries, the Depository Trust Company, the National Securities Clearing Corporation, the Emerging Markets Clearing Corporation and the Fixed Income Clearing Corporation.
Access to the Apogean ATS is restricted to those institutions that are members of the Emerging Markets Clearing Corporations (EMCC), and trading is available only on EMCC-eligible securities.
Access to the Apogean ATS is restricted to those institutions that are members of the Emerging Markets Clearing Corporation (EMCC), and trading is available only on EMCC-eligible securities.
 
 
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