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 ?
Because the separation was completed on a Saturday and not a business day, the shares are expected to be credited to "street name" stockholders through the Depository Trust Corporation on July 5, 2016.
Molecular information company Protea Biosciences Group (OTCQB:PRGB) stated on Thursday that the Depository Trust Corporation (DTC) has authorised its common stock for DWAC/FAST transfer through its transfer agent, Island Stock Transfer.
They are not, however, intended to create any new substantive disclosure obligations, nor are they intended to create new obligations for nominees to review, disclose, or transmit any notices which they may receive through a nationally recognized municipal securities information repository (NRMSIR), a state information depository (SID), or the Depository Trust Corporation (DTC)'s computerized Legal Notice System (LENS).
The Company intends to order monthly Security Position reports from Depository Trust Corporation and post them on its website so shareholders can see how many shares have been added or subtracted from the market each month.
Notes held in book-entry form will be redeemed in accordance with the procedures of the Depository Trust Corporation.
The change in ex-date is necessary because while the New York Stock Exchange and Depository Trust Corporation ("DTC") will be open for business on Veteran's Day, November 11, 2010, DTC will not provide settlement services on November 11, 2010 because many of the nation's banking institutions will be closed.
Pink Sheets: LLBO) announced today that it continues efforts to resolve the trading issue with Depository Trust Corporation (DTC) in order to re-establish clearing services.
Pink Sheets: LLBO) announced today that it has retained legal counsel to resolve the trading issue with Depository Trust Corporation (DTC) in order to re-establish clearing services.
We have extended the delivery date to June 22, 2007 due to the time it has taken to finalize procedures for the exchange, primarily with Depository Trust Corporation (DTC).
HOUSTON -- Forster Drilling Corporation (OTCBB:FODL) announced today that its shares are now eligible for safekeeping with the Depository Trust Corporation.
GRAHAM, Texas -- During the past eight weeks, Hemi Energy Group (Pink Sheets: HMGP) has been working with the Depository Trust Corporation (DTC) to resolve a recently discovered issue that dates back to the merger of the company as a publicly traded entity.
We are analyzing reports received from the Depository Trust Corporation and have ordered "NOBO" reports to help us conclude our investigation.