Clearing Corporation

The Clearing Corporation (TCC, former CCorp) is "a Delaware corporation owned by 17 stockholders (which include banks Goldman Sachs, Deutsche Bank and Morgan Stanley, as well as inter-dealer brokers ICAP and GFI Group and German derivatives exchange Eurex), many of whom represent the world-wide derivatives marketplace participants and market makers." [1][2]

The Clearing Corporation
TypeSubsidiary
Headquarters
Delaware
Websitewww.theice.com/clearing-corp

In 2008, the Clearing Corporation and the Depository Trust & Clearing Corporation (DTCC) announced a credit default swap (CDS) public clearing facility [3] that will be linked to DTCC's Trade Information Warehouse. On September 29 of 2008, CCorp affirmed that the CDS clearing counterparty will launch by year-end.[4][5]

References
  2. "Archived copy". Archived from the original on 2008-10-05. Retrieved 2008-10-07.CS1 maint: archived copy as title (link)
  3. "Archived copy". Archived from the original on 2012-02-17. Retrieved 2012-10-31.CS1 maint: archived copy as title (link)
  4. "Archived copy". Archived from the original on 2011-06-16. Retrieved 2008-10-07.CS1 maint: archived copy as title (link)


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