Depository Trust and Clearing Corporation (DTCC) |
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DTCC provides clearing, settlement for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In 2008, DTCC settled $1.88 quadrillion in securities transactions, approximately the equivalent on US GDP every three days.
Six subsidiaries:
National Securities Clearing Corporation (NSCC) The Depository Trust Company (DTC) Fixed Income Clearing Corporation (FICC) DTCC Deriv/SERV LLC DTCC Solutions LLC EuroCCP Ltd.