Showcasing Strength & Resiliency
Amid devastating tragedy on 9/11, DTCC provides critical services to maintain liquidity and confidence in the U.S. markets, remaining fully operational despite a lockdown across Lower Manhattan. DTCC settles $1.8 trillion by the end of the week, ensuring the markets could reopen on September 17.
In 2004 DTCC reaches a historic milestone, settling more than $1 quadrillion ($1015) in securities transactions for the first time.
The bankruptcy of Lehman Brothers in September 2008, the largest liquidation in U.S. financial history, was another defining moment. DTCC played a critical role in protecting the industry and ensuring stability, resolving $530 billion in market exposure.