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 ?
The instrument trades in the over-the-counter market with a CUSIP and is cleared through the Depository Trust and Clearing Company (DTCC).
has acquired end-to-end collateral and margin management service ProtoColl, from New York City-based financial services company The Depository Trust and Clearing Corp, the company said.
Before that, he served as senior vice president of ethnic consumer products at International Discount Telecommunications (IDT), director of strategic planning at Depository Trust and Clearing Corporation, senior associate at Israel Seed Partners in Jerusalem, and vice president of marketing and strategic planning at Citibank in Mexico City and Monterrey.
The company was bought by Deutsche Borse and then sold to the Depository Trust and Clearing Corporation, a not for profit company jointly owned by the banking industry in the US.
With the Depository Trust and Clearing Corporation's October decision to relocate 1,600 employees from an office at 55 Water Street in Manhattan's Financial District to New Jersey, commercial real estate experts are suggesting that other large tenants may also follow suit.
Solar panel manufacturer Yingli Green Energy Holding Company Limited (NYSE:YGE) on Tuesday reported the payment of CNY318m to China Government Securities Depository Trust and Clearing Company Limited.
In addition, the company is a self-clearing member of the Depository Trust and Clearing Corporation ("DTCC").
Depository Trust and Clearing provides clearance, settlement, asset servicing, global data management, and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions in the United States.
According to data compiled by the China Government Securities Depository Trust and Clearing Company, the nation's largest debt clearing house, such debt issued by state-run lenders yielded 2.95 percent on the Interbank Bond Market.
Clarient is a global Know Your Customer and client reference data platform owned and used by the Depository Trust and Clearing Corp., Barclays, Credit Suisse, Goldman Sachs, J.P.
12 January 2016 - UK-based financial information services provider Markit (NASDAQ: MRKT) has agreed to acquire the position reconciliation technology assets of DTCC Loan/SERV LLC (Loan/SERV), a subsidiary of The Depository Trust and Clearing Corp., the company said.
M2 EQUITYBITES-January 12, 2016-Markit to Acquire Loan/SERV Service from Depository Trust and Clearing

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