National Securities Clearing Corporation

Industry:

Brokerage

Description

[5] NSCC is a clearing agency registered under the Securities Exchange Act. The RTTM service will be provided on behalf of NSCC by the Fixed Income Clearing Corporation (FICC), an affiliate of NSCC, via a service agreement. FICC already has implemented RTTM for Government Securities and Mortgage-Backed securities trade processing.

[6] Surveillance data is made available to regulators with authority to enforce MSRB rules, including the NASD and the SEC.

[7] See, e.g., "Board to Proceed with Pilot Program to Disseminate Inter-Dealer Transaction Information," MSRB Reports, Vol. 14, No. 1 (January 1994).

Products & Services

settlement, centralized clearance, clearing, centralized post-trade comparison

News Archive

$6.3 Million Loss Raises New Issue About Access.(News)(Financial report) Securities Industry News; 9/7/2009 ...do not pass through its trading system. The National Securities Clearing Corp. records 42 members acting as QSRs...thereby limiting exposure, by contacting the National Securities Clearing Corp. During the day, however, the clearer... ...more

CRISIL assigns CCR AAA rating to National Securities Clearing. ADP Debt News; 12/22/2009 ...ADPnews) - Dec 22, 2009 - Indian credit rating agency CRISIL assigned its corporate credit rating of CCR AAA to National Securities Clearing Corp Ltd, or NSCCL. The rating has a validity of one year. The rating reflects the company's strong operational... ...more

DTCC Announces New Electronic Solution to Streamline Business Transactions in the Insurance Industry. Investment Weekly News; 11/7/2009 ...Retirement Services (a unit of DTCC's National Securities Clearing Corporation (NSCC) subsidiary), Attachments...Retirement Services are provided by DTCC's National Securities Clearing Corporation (NSCC) subsidiary. For more... ...more