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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

National Securities Clearing Corporation (NSCC)  

Definition 1.

A securities clearing corporation formed in 1977 by the merger of the National Clearing Corporation, owned by the NASD, and the clearing facilities of the New York Stock Exchange (NYSE) and the American Stock Exchange (AMEX). It is a medium through which trades in the respective participants' markets are cleared and settled. (See clearance, settlement)
 
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