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It's clear that securities trading just wouldn't be the same without The Depository Trust & Clearing Corporation (DTCC). Its subsidiaries provide the infrastructure for clearing, settlement, and custody of most US securities transactions. DTCC was established in 1999 when operating companies The Depository Trust Company (DTC) and the National Securities Clearing Company (NSCC) -- both of which were founded in the 1970s -- were combined under a single holding structure. DTC is the world's largest securities depository and a clearinghouse for trading settlement; NSCC processes most broker-to-broker equity, corporate, and municipal bond trades in the US.
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| | | Contact Information | |
Address: |
55 Water St., 22nd Fl.
New York, NY 10041-0099
| | Phone: | 212-855-1000 | | Fax: | 212-855-8440 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 706.20 M | | Employees (2008): | 2,658 |
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Key People
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Chairman and CEO; Chairman and CEO, National Securities Clea:
Donald F. Donahue
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President, COO, and Director:
William B. Aimetti
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Managing Director, CFO and Treasurer:
Ellen Fine Levine
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