Depository Trust Company - DTC
Definition of 'Depository Trust Company - DTC'One of the world's largest securities depositories, it holds in excess of US$10 trillion worth of securities in custody. The DTC acts like a clearinghouse to settle trades in corporate and municipal securities. |
|
Investopedia explains 'Depository Trust Company - DTC'DTC is owned by many companies in the financial industry, with the NYSE being one of its largest shareholders. |
Related Definitions
Articles Of Interest
-
Bearer Bonds: From Popular To Prohibited
These coupon bonds are transferable, negotiable and anonymous - so why aren't they sold in the U.S.? -
The Nitty-Gritty Of Executing A Trade
Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out! -
What is a stock ticker?
A stock ticker is a report of the price for certain securities, updated continuously throughout the trading session by the various stock exchanges. A "tick" is any change in price, whether that ... -
How New Offshore Bank Rules Will Affect Americans
FATCA is being implemented in 2013. Here is how it will affect the personal banking and taxes of Americans who hold offshore bank accounts. -
Institutional Investors
Learn more about the advantages that financial institutions enjoy when buying and selling securities. -
Weighted Average
Learn how to weigh the relative importances of data points in a calculated average. -
Bid-Ask Spread
Find out more about this frequently referenced, but often misunderstood, term used to describe the price at which a stock is bought or sold at. -
Why Is Liquidity Important?
Learn more on why liquidity is important to consider when examining a stock, next to its share price. -
Understanding The Ticker Tape
We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen. -
Whisper Numbers: Should You Listen?
These unofficial forecasts hold the potential for insider insight - and investment risk.
Free Annual Reports