Learn how the National Securities Clearing Corporation (NSCC) centralizes clearing, risk management, and settlement services to streamline financial trades.
The cost-cutting needs of brokers are clashing with the continuity demands of a utility. That is how the debate is shaping up over a National Securities Clearing Corp. trade-compression plan pending ...
Being an effective supervisor of any sort – a risk manager, a regulator, a parent – means following a simple rule: don’t reward bad behaviour. The basic facts of the episode are well-established: in ...
As the saying goes: third time’s a charm. Except this isn’t the case for the lynchpin of the US equity markets, the National Securities Clearing Corporation (NSCC). Between January and March last year ...