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National Securities Clearing Corporation - NSCC
What does it mean?
A subsidiary of the DTCC that provides centralized clearing, information, and settlement services to the financial industry.
In Other Words...
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
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Related Terms
Clearing | Clearing House | DTC | DTCC
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