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The Depository Trust Company: DTC's Formative Years and Creation of The Depository Trust & Clearing Corporation (DTCC)

The Depository Trust Company: DTC's Formative Years and Creation of The Depository Trust & Clearing Corporation (DTCC)

ISBN: 9780980050851
Publisher: YBK Publishers, Inc.
Publication Date: 2008-10-24
Number of pages: 100
Any used item that originally included an accessory such as an access code, one time use worksheet, cd or dvd, or other one time use accessories may not be guaranteed to be included or valid. By purchasing this item you acknowledge the above statement.
$32.93

The Depository Trust Company reports the early 1970s origin and evolution of The Depository Trust Company (DTC), the world’s largest securities depository, and how it became the basis of The Depository Trust & Clearing Corporation (DTCC) in 1999.

It describes the basic policies and company culture of DTC and DTCC and shows how these organizations made the clearance and settlement of virtually all trades in U.S. equity, corporate debt, and municipal securities more accurate and less costly, obliterating through automation the conditions that created the Wall Street “paperwork crisis” of the late 1960s.

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