The Depository Trust Company: DTC's Formative Years and Creation of The Depository Trust & Clearing Corporation (DTCC)


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Descripción

The Depository Trust Company reports the early 1970s origin and evolution of The Depository Trust Company (DTC), the world's largest securities depository, and how it became the basis of The Depository Trust & Clearing Corporation (DTCC) in 1999.

It describes the basic policies and company culture of DTC and DTCC and shows how these organizations made the clearance and settlement of virtually all trades in U.S. equity, corporate debt, and municipal securities more accurate and less costly, obliterating through automation the conditions that created the Wall Street "paperwork crisis" of the late 1960s.

Author: William T. Jr. Dentzer
Publisher: YBK Publishers
Published: 10/24/2008
Pages: 100
Binding Type: Paperback
Weight: 0.33lbs
Size: 9.03h x 6.03w x 0.32d
ISBN13: 9780980050851
ISBN10: 0980050855
BISAC Categories:
- Business & Economics | Banks & Banking
- Business & Economics | Finance | General

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