The Depository Trust Company (直接转矩), the central securities depository subsidiary of 存, provides settlement services for virtually all equity, 公司债券和市政债券在纽约证券交易所进行交易, 纳斯达克, 美国的区域交换和电子通信网络(ecn).S. Approximately 1.4 million settlement-related transactions per day, with a value of approximately $600 billion, are completed at 直接转矩.
该服务允许收集/支付参与者的净义务和信贷, 通过其结算银行通过美联储的NSS系统.
使用抵押品和净借方上限风险管理控制, 直接转矩的结算系统保护其参与者免受直接转矩最大参与者或附属家族未能结算的信用和流动性风险.
直接转矩的结算服务为参与者提供了多种结算能力, including but not limited to: settlement of securities transaction through Deliver Orders (DOs); collection of option contract premiums by processing Premium Payment Orders (PPOs); collection of stock loan mark-to-markets on open contracts by processing Securities Payment Orders (SPOs); pledging securities to pledgees as collateral through the collateral loan system; pledging securities to the Options 清算 Corporation (OCC) to meet OCC margin requirements.