Depository Trust & Clearing Corporation
- Depository Trust & Clearing Corporation
The Depository Trust & Clearing Corporation (DTCC)
The DTCC also offers securities safekeeping services for many different types of securities. The DTCC is owned by its customers, who are securities industry participants including banks, broker-dealers, mutual funds and other financial institutions, and operates at an at-cost basis by returning excess revenue to its member firms.
Each DTCC subsidiary operates independently and is self-funded by user fees. The six DTCC subsidiaries are the:
• Fixed Income Clearing Corporation (FICC) .
• European Central Counterparty Ltd. (EuroCCP) .
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Depository Trust & Clearing Corporation — Type Private Industry Finance Ge … Wikipedia
The Depository Trust & Clearing Corporation — (DTCC) USA A holding company set up in 1999 to combine the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC) to offer clearance and settlement services to the securities markets. The DTCC now operates through… … Law dictionary
Depository Trust & Clearing Corporation — ( DTCC) Euroclear Clearing and Settlement glossary Central securities depository for the US market. Euroclear Clearing and Settlement glossary … Financial and business terms
Depository Trust & Clearing Corporation — (DTCC) Central securities depository for the US market … Euroclear glossary
Depository Trust & Clearing Corporation - DTCC — Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world s largest financial services corporation dealing in post trade transactions. Owned by its principal users, the DTCC s… … Investment dictionary
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Options Clearing Corporation — Industry clearing Founded 1973 Headquarters Chicago, IL … Wikipedia