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Government Securities Clearing Corporation

   Also found in: Acronyms 0.01 sec.
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.


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The working group will include senior representatives of the two major cleating banks (JP Morgan Chase and The Bank of New York), the Government Securities Clearing Corporation, securities dealers, interdealer brokers, custodian banks, The Bond Market Association, and the Investment Company Institute.
fixed income markets by bringing Government Securities Clearing Corporation and MBS Clearing Corporation under the DTCC umbrella in 2002 and then merging them into the Fixed Income Clearing Corporation (FICC) in 2003.
then the 15th largest money manager in the US) and founding President of Government Securities Clearing Corporation, a self regulatory organization(SRO) for clearance and settlement of global trading in U.
 
 
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