National Securities Clearing Corporation - NSCC
A subsidiary of the DTCC that provides centralized clearing, information, and settlement services to the financial industry.
Investopedia Commentary
The NSCC and DTC play a major part in the settlement and clearing of securities transactions. They are the largest providers of these services worldwide.
Related Links
The Nitty-Gritty Of Executing A Trade
See also: Clearing, Clearing House, DTC, DTCC
Also spelled: NSCC