The clearing house is a joint venture between NYSE EuroNext and the Depository Trust Clearing Corporation (DTCC).

FORBES: NYPC Cleared For Q1 Launch, Ready For A Dogfight With CME

The average daily volume in options has increased at least slightly each year since 2002, according to the Options Clearing Corporation.

FORBES: Lime Launches Options Trading

Banks say that costs in Europe are several times America's, where the Depository Trust and Clearing Corporation handles most security trades.

ECONOMIST: Securities settlement in Europe

Instead of finding a lender of shares, they have their broker just run up an electronic tab, so to speak, on the books of a stock-clearing corporation.

FORBES: The Bare Bears

It took the intervention of Congress and the Securities and Exchange Commission to set up the Depository Trust and Clearing Corporation which moved American non-government securities markets from seven settlement agencies to one settlement organisation and one central counterparty.

ECONOMIST: Securities exchanges

What we're doing is putting together, in one margin calculation, both futures positions that are traded on New York Stock Exchange's futures exchange, NYSE Liffe US, and the fixed income securities positions that are currently cleared at DTCC FICC, the fixed income clearing corporation.

FORBES: Magazine Article

And Tsang proposed that Tung be authorized, when the public interest was under threat, to direct not only the Securities and Futures Commission, the government's market watchdog, but also the stock and futures exchanges and the stock clearing corporation, which are ostensibly private-sector bodies.

CNN: FIGHTING 'GODZILLAS'