The Depository Trust & Clearing Corporation (DTCC)

The Depository Trust & Clearing Corporation (DTCC) is a leading financial services company that ensures the smooth functioning of the stock and bond markets. It acts as a central hub where transactions are confirmed, records are kept, and securities are settled securely and efficiently. By handling the clearing and settlement process, DTCC reduces risks and makes markets more efficient, accurate, and trustworthy. Essentially, it allows investors, brokers, and institutions to transfer ownership of securities safely and quickly, maintaining stability and confidence in the financial system.