Tag: Clearing & settlement

DTCC subsidiary NSCC set new transaction processing record on January 3

The American CSD, the Depository Trust & Clearing Corporation (DTCC), through its National Securities Clearing Corporation (NSCC) subsidiary, processed a record 56.7 million transactions worth more than $1.05 trillion on January 3, the first day of trading in the year, surpassing by 13.2% the previous record of 50.1 million transactions set on June 8, 2006.

Euroclear and The Clearing Corporation of India formalise cooperation

Euroclear and The Clearing Corporation of India Limited (CCIL) have signed a memorandum of understanding regarding post-trade processing collaboration. Both companies have penned a non-binding agreement to explore the possibility of closer ties, aimed at building and nurturing a long-term, cooperative relationship.