National Securities Clearing Corporation (NSCC) - Financial definition
Country
: United States of America
Concise definition of the term National Securities Clearing Corporation
The National Securities Clearing Corporation provides centralized clearing, risk management, information and settlement services to the financial industry in the United States.
Comprehensive definition of the term National Securities Clearing Corporation
The NSCC is a subsidiary of Depository Trust & Clearing Corporation (DTCC) and is regulated by the U.S. Securities and Exchange Commission (SEC).