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International Memoranda of Understanding

DTCC builds on, develops and cultivates its relationships with global infrastructures through signed memoranda of understanding (MOU).

Memoranda of Understanding (MOU)

Memoranda of Understanding (MOU) are bilateral cooperation agreements between signed parties to foster the development of communication and collaboration, and advance the business development of common lines of interest.

Currently, DTCC has signed 11 memoranda of understanding with infrastructure partners from Brazil, China, India, Japan, Korea, Pakistan and Taiwan.

The chart below indicates the central securities depositories (CSDs) and central counterparties (CCPs) with whom DTCC has signed an MOU.

Global Infrastructure Date Signed
National Securities Clearing Corporation Limited (NSCCL) June 2008
Brazilian Clearing and Depository Corporation (CBLC) May 2008
Clearing Corporation of India, Ltd. (CCIL) November 2007
Central Depository Company of Pakistan Limited (CDC) July 2007
Central Depository Services (India) Limited (CDSL) June 2007
National Securities Depository Ltd., India (NSDL) June 2007
China Securities Depository and Clearing Corporation Limited (SD&C) June 2007
China Government Securities Depository Trust & Clearing Co., Ltd. (CDC Chinabond) December 2006
Korea Securities Depository (KSD) April 2004
Japan Securities Depository Center, Inc. (JASDEC) August 2003
Taiwan Securities Central Depository (TSCD) August 2003
DTCC's Global Operating Capabilities
DTCC's Global Operating Capabilities

DTCC's clearing and settlement systems have been built with the flexibility to accommodate practices in other markets.

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International Participants
International Participants

DTC's International Participants facilitate trading in DTC-eligible securities in local markets.

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