Depository Trust Company
American financial company / From Wikipedia, the free encyclopedia
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For the parent company, see Depository Trust & Clearing Corporation.
Depository Trust Company (DTC), founded in 1973, is a New York corporation that performs the functions of a central securities depository as part of the US National Market System.[3] DTC annually settles transactions worth hundreds of trillions of dollars, processes hundreds of millions of book-entry deliveries, and custodies millions of securities issues worth tens of trillions of dollars issued in the United States and over 100 other countries. Since 1999 it has been a subsidiary of the Depository Trust & Clearing Corporation, a securities holding company.
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Quick Facts Industry, Founded ...
Industry | Finance |
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Founded | 1973; 51 years ago (1973) |
Headquarters | , United States |
Area served | Worldwide |
Total assets | $54.2 trillion[1] (2017) |
Parent | Depository Trust & Clearing Corporation |
Rating | Aaa (Moody's; 2020)[2] |
Website | www |
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