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Which organization is in charge of settling all stock market transactions?

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Which organization is in charge of settling all stock market transactions?

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Solution

The organization in charge of settling all stock market transactions varies by country. In the United States, for example, the organization responsible for this is the Depository Trust & Clearing Corporation (DTCC). The DTCC provides clearing, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In other countries, similar organizations exist to fulfill this role.

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