Central Counterparty Protection
By standing between buyers and sellers, we help ensure the completion of eligible transactions while reducing counterparty risk.
Clearing & Settlement Services
Every day, DTCC helps keep the world's financial markets moving. We process trillions of dollars in securities transactions daily and quadrillions annually, delivering the scale, resiliency and certainty market participants need as settlement cycles accelerate and automation expands.
Clearing & Settlement Services
Keeping Markets Moving
Financial markets are handling growing transaction volumes, faster settlement cycles and increasing complexity. To operate efficiently, market participants need a reliable way to manage risk and complete trades.
DTCC provides the infrastructure that helps make this possible across U.S. equities and fixed income markets. Through our clearing, settlement and asset servicing services, we help firms process transactions, manage obligations and complete trades with confidence.
By centralizing and automating these activities, we help reduce risk, improve operational performance and support the smooth functioning of the financial markets.
- Trillion
Equity transactions processed in 2025
Average reduction in payment obligations through multilateral netting
- Million
Record equities transactions cleared in a single day
- Quadrillion
Government securities transactions processed in 2025
Data as of Q4 2025
Delivering Value
Multilateral Netting Efficiency
Our netting capabilities significantly reduce settlement obligations, freeing liquidity and reducing operational burdens across the marketplace.
Market-Scale Processing
Infrastructure engineered to support trillions of dollars in daily activity and periods of elevated market volatility.
Keeping Pace with Market Change
Support evolving settlement and operating models, including T+1 and 24x5 processing capabilities.
Enhanced Transparency
Centralized clearing creates greater visibility, standardization and operational consistency across participants.
Resilient Infrastructure
Our critical infrastructure is designed to support market continuity during periods of heightened activity and stress.
Explore Our Services
We deliver critical clearing, settlement and risk management capabilities across the U.S. equities and fixed income ecosystem.
Learn MoreEquities Clearing (NSCC)
Every trading day, clearing helps reduce risk, free up capital and keep markets running smoothly. DTCC’s National Securities Clearing Corporation (NSCC) combines millions of transactions into fewer, simpler obligations, making them easier and less costly for firms to manage.
Learn MoreEquities Settlement (DTC)
Once a trade is cleared, settlement makes it final. Every day, we help move securities and payments between market participants, completing transactions safely, efficiently and at scale.
Learn MoreFixed Income Clearing (FICC)
For more than 40 years, Fixed Income Clearing Corporation (FICC) has helped market participants manage risk, improve efficiency and support liquidity across the U.S. Treasury and agency mortgage-backed securities markets through trusted clearing and post-trade infrastructure.