The Depository Trust Company (直接转矩)
存's subsidiary, The Depository Trust Company (直接转矩), established in 1973, was created to reduce costs and provide clearing and settlement efficiencies by immobilizing securities and making "book-entry" changes to ownership of the securities.
直接转矩 brings efficiency to the securities industry by retaining 监护权 of more than 1.3 million active securities issues valued at US$54.2 trillion as of 7/31/2017, including securities issued in the US and more than 131 countries and territories.
直接转矩 provides securities movements for NSCC's net settlements, and settlement for institutional trades (which typically involve money and securities transfers between custodian banks and broker/dealers), as well as money market instruments.
直接转矩's core services include:
存's 结算 服务, offered through 直接转矩, reduce cost and risk and boost efficiencies in the marketplace by providing end-of-day net settlement obligations for clients resulting from trading activity in equities, debt and money market instruments. Asset Servicing, also offered through 直接转矩, offers a broad range of services for underwriting, 监护权, corporate actions, 股息, proxy and reorganization services, as well as the electronic registration and transfer of securities.
直接转矩 is a member of the U.S. Federal Reserve System, a limited-purpose trust company under New York State banking law and a registered clearing agency with the U.S. Securities and Exchange Commission.