The Depository Trust & Clearing Corporation (DTCC) is the holding company that owns and operates the two primary post-trade financial market infrastructure entities in the United States — the Depository Trust Company (DTC) and the National Securities Clearing Corporation (NSCC). DTCC provides clearing, settlement, and information services for the vast majority of financial transactions in US equity, fixed income, and derivatives markets, processing trillions of dollars in securities transactions daily and acting as the central counterparty (CCP) that guarantees settlement even if one party defaults. DTCC plays a systemically critical role in reducing counterparty risk, improving operational efficiency, and maintaining stability in US capital markets. For Indian investors on Ventura Securities engaging in international markets, DTCC is the backbone of US securities market infrastructure — broadly equivalent to the combined functions of NSCCL (NSE's clearing corporation), CDSL, and NSDL in India's financial market ecosystem.
