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| Government Securities Clearing Corporation GSCC's automated system is designed to provide real-time interactive communication facilities for the clearance and settlement of Government debt products. |   |
Emerging Markets Clearing Corporation Central resource for the clearance, multilateral netting, and risk management of emerging market debt products developed by the International Securities Clearing Corporation and Emerging Markets Traders Association. |   | |
Depository Trust Company Instruments eligible for DTC's services include corporate equities and bonds, municipal bonds, money market instruments, mortgage-backed bonds, and U.S. treasuries and agencies. DTC’s network links more than 11,000 broker/dealers, custodian bank. |   | |
National Securities Clearing Corporation Clearing and settlement for streetside equity, corporate and municipal bond transactions in the U.S. Also, serves as a processor of mutual fund orders. |   | |
MBS Clearing Corporation Sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. |   | |
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