National Securities Clearing Corporation/ NSCC Meaning & Definition

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Definition of National Securities Clearing Corporation/ NSCC

The clearing intermediary through which clearing member firms reconcile their securities accounts.
The DTC is a non profit organization owned by members of the securities industry. The DTC is regulated by the SEC and is a member of the Federal Reserve System

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National Securities Clearing Corporation/ NSCC Meaning & Definition

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Definition of National Securities Clearing Corporation/ NSCC

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