DTCC's subsidiary, National Securities Clearing Corporation (NSCC), established in 1976, provides clearing, settlement, risk management, central counterparty services and a guarantee of completion for certain transactions for virtually all broker-to-broker trades involving equities, corporate and municipal debt, American depositary receipts, exchange-traded funds, and
unit investment trusts.
NSCC also nets trades and payments among its participants, reducing the value of securities and payments that need to be exchanged by an average of 98% each day. NSCC generally clears and settles trades on a T+3 basis.
View service offerings of National Securities Clearing Corporation (NSCC) in the Products & Services section.
Services available include:
NSCC is regulated by the U.S. Securities and Exchange Commission (SEC).
DTCC ensures the capacity, certainty and reliability required to clear and settle today's enormous trading volumes.Download File
View service offerings of National Securities Clearing Corporation (NSCC) in the Products & Services section.Read More
In today's U.S. capital markets, billions of shares of securities change hands every day. In 2008, DTCC settled more than $1.88 quadrillion in securities transactions.Read More