Depository Trust Company - DTC
One of the world's largest securities depositories, it holds in excess of $10 trillion worth of securities in custody. The DTC acts like a clearing house to settle trades in corporate and municipal securities.
Investopedia Commentary
DTC is owned by many companies in the financial industry, with the NYSE being one of its largest shareholders.
Related Links
The Nitty-Gritty Of Executing A Trade
See also: Clearing House, Dematerialization, Depository Trust Company Tracking, DTCC, Euroclear, NSCC
Also spelled: DTC