Depository Trust Company: Difference between revisions
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(DTC). ''(US).'' A subsidiary of the Depository Trust and Clearing Corporation (DTCC), the DTC is an automated central securities depository. | (DTC). | ||
''(US).'' | |||
A subsidiary of the Depository Trust and Clearing Corporation (DTCC), the DTC is an automated central securities depository. | |||
It is a member of the US Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. | It is a member of the US Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission. | ||
Revision as of 19:46, 11 August 2013
(DTC).
(US).
A subsidiary of the Depository Trust and Clearing Corporation (DTCC), the DTC is an automated central securities depository.
It is a member of the US Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the Securities and Exchange Commission.
