Government Securities Clearing Corporation


Also found in: Acronyms.

Government Securities Clearing Corporation

A subsidiary of the National Securities Clearing Corporation that provides clearing services for U.S. government securities. For example, the GSCC specializes in transactions such as those involving Treasury bonds.

Government Securities Clearing Corporation (GSCC)

A nonprofit organization that provides clearing and settlement of U.S. government securities. GSCC was established in 1986 as a subsidiary of the National Securities Clearing Corporation.
References in periodicals archive ?
Government Securities Clearing Corporation (GSCC), the leading provider of trade comparison, netting, risk management and settlement services for the government securities marketplace, will deploy an employee intranet as well as an extranet that will serve as the interface between GSCC and its participant network of brokers and dealers, in order to clear government securities totaling close to $1 trillion dollars per day.
He is a past Director and Chairman of both the National Securities Clearing Corporation and the Government Securities Clearing Corporation.
Government securities transactions per day, our core transaction applications depend on Compaq's Digital platforms, and they've never let us down," said Rob Palatnick, Managing Director of Information Technology, Government Securities Clearing Corporation, New York, New York.

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