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Saturday, December 30, 2000 5:53:16 AM
NSCC began operating in 1976 with the consolidation of the clearing operations of the NYSE, Amex and NASD. It was created to address the existing and evolving post-trade processing needs of broker/dealers and banks and has since expanded its services to include the mutual fund community and insurance carriers. A user-driven corporation, NSCC’s senior management is guided by its Board of Directors on policy development, operational planning and financial management.
NSCC Participants
More than 2,500 brokers, dealers, banks, mutual funds, insurance carriers and financial intermediaries currently use NSCC’s services as direct participants, or as indirect participants through correspondent relationships.
http://www.nscc.com/factsheets/index.html
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