National Securities Clearing Corporation - NSCC
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Definition of 'National Securities Clearing Corporation - NSCC'
A subsidiary of the DTCC that provides centralized clearing, information, and settlement services to the financial industry.
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Investopedia explains 'National Securities Clearing Corporation - NSCC'
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.
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Search results for 'National Securities Clearing Corporation (NSCC)'
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http://www.investopedia.com/articles/03/012403.asp
... are executed on the exchange, details of the trades are sent to a subsidiary of
the DTCC (called the National Securities Clearing Corporation), and are ...
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