May 25, 2005
FICC Launches Real-Time Interactive Messaging Link to NASD for Corporate Bond Price Reporting
Helping to satisfy an industry goal to combine real-time trade matching and price reporting into one seamless process, Fixed Income Clearing Corporation (FICC) recently enhanced its Real-Time Trade Matching (RTTM) service to support regulatory price reporting for over-the-counter (OTC) corporate bond trades.

May 24, 2005
Delaware Law Change Will Save Investors Millions of Dollars
By eliminating its legal requirement that companies issue paper stock certificates, Delaware's state legislature will save investors and companies millions of dollars a year, said Jill M. Considine, chairman and CEO of The Depository Trust & Clearing Corporation (DTCC), which handles the post-trade processing and settlement of securities transactions for most U.S. markets.

May 10, 2005
DTCC Settles $1.1 Quadrillion in 2004 on Record Volumes
DTCC for the first time cleared and settled securities trades worth more than $1 quadrillion in 2004, up 22% from the prior year's $923 trillion, while setting new transaction processing records in most subsidiaries.

May 03, 2005
DTCC Applauds Court Decision to Dismiss Nanopierce Lawsuit
DTCC today applauded the decision by Nevada's Second Judicial District Court in Reno to dismiss the Nanopierce Technologies Inc. lawsuit against DTCC and its subsidiaries.

April 26, 2005
DTCC Forms Alternative Investment Products Advisory Committee
DTCC today announced the formation of an industry advisory committee on alternative investment products to develop an automated, centralized and streamlined approach to the processing of these instruments.

April 14, 2005
JP Morgan Securities, Inc. Selects DTCC's Global Corporate Action Validation Service
DTCC today announced that JP Morgan Securities, Inc. has chosen the Global Corporate Action (GCA) Validation Service to drive automation and straight-through processing for its corporate action announcements.

April 13, 2005
DTCC's Networking Service for Fund Industry Enhanced to Support Greater Transparency of Breakpoints
DTCC announced today that it has launched Networking for Direct Accounts to help the mutual fund industry achieve greater operational transparency and to support regulatory recommendations surrounding breakpoints.

March 31, 2005
DTCC Calls Euromoney Article on its Stock Borrow Program and Naked Short Selling "Sloppy Journalism"
DTCC responded today to an article appearing in the April edition of Euromoney magazine on naked short selling, saying the article "fails to reflect any true understanding of the complicated securities clearing and settlement programs it discusses, fails to report that most of the litigations mentioned in the article have, to date, been dismissed or withdrawn, and, perhaps most egregiously, accepts as true erroneous characterizations of DTCC's stock borrow program."

March 30, 2005
DTCC Announces Effort to Correct Record on its Stock Borrow Program & Naked Short Selling
The following statement was issued today by Stuart Z. Goldstein, managing director of DTCC Corporate Communications and spokesperson for the company: "The Depository Trust & Clearing Corporation (DTCC) has provided its bank and broker customers with a detailed explanation of its Stock Borrow program and the issue of naked short selling in an effort counter a widespread campaign of distortions and misleading information..."