Depository Trust & Clearing Corporation

Mission & Goals

The Depository Trust & Clearing Corporation (DTCC), headquartered in New York with offices in 16 countries around the world, provides post-trade processing services that mitigate risk, increase transparency and promote greater efficiency in the global financial markets to the users that are also its owners. DTCC provides custody and asset servicing for securities issued from over 100 countries and maintains cross-border depository links with central infrastructure organizations around the world. DTCC serves the industry through its subsidiaries: - The Depository Trust Company (DTC) retains custody of millions of securities issues, worth approximately $40 trillion, including securities issued outside of the US. - The National Securities Clearing Corporation (NSCC) provides post-trade clearing and settlement services for US equities, as well as centralized custody of US securities. - The Fixed Income Clearing Corporation (FICC) provides post-trade clearing and settlement s (...)