Overview

Securities Industry Automation Corporation


Show Summary Details

Quick Reference

(SIAC)

The US corporation that provides the National Securities Clearing Corporation with the data-processing and electronic communications facilities required to act as a clearing house for both New York's stock exchanges. Since 2006 it has been a wholly owned subsidiary of the New York Stock Exchange.

Subjects: Financial Institutions and Services.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.