Depository Trust & Clearing Corporation - DTCC
Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world's largest financial services corporation dealing in post trade transactions.
Investopedia Commentary
Owned by its principal users, the DTCC's function is to integrate the NSCC and DTC, streamlining clearing and depository transactions in attempts to reduce cost and increase capital efficiency.
Related Links
The Nitty-Gritty Of Executing A Trade
See also: Clearing, Clearing House, DTC, NSCC
Also spelled: DTCC