National Securities Clearing Corporation. Securities clearing organization owned...

The nation's larges t registered securities clearing corporation. Provides centralized trade processing, clearing and settlement and information to broker dealers, banks, mutual fund companies and other financial institutions. Owned jointly by the New York and American Stock Exchanges and the NASD. The NSCC helped to develop and continues to coordinate Fund/SERV, Comm/SERV and Networking.

National Securities Clearing Corporation provides clearing and settlement, risk management, central counterparty services and a guarantee of completion for all trades involving equities, corporate and municipal debt, money market instruments, American depositary receipts, exchange-traded funds, unit investment trusts, mutual funds, insurance products and other securities.

abbreviation for Non Small Cell Cancer