Finance · Depository Trust Company (DTC)
What primary function does the Depository Trust Company (DTC) perform in the financial market?
- 1Determining the benchmark interest rates for commercial banking institutions
- 2Providing short-term personal credit lines to retail investors
- 3Regulating the listing requirements for international stock exchanges
- 4Acting as a central securities depository to clear and settle transactions between members✓
Correct answer
Acting as a central securities depository to clear and settle transactions between members
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