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What Does Government Securities Clearing Corporation – GSCC Mean?

April 26, 2017clearing corporation government GSCC mean securities

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What Does Government Securities Clearing Corporation – GSCC Mean?

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A division of the U.S. Fixed Income Clearing Corporation (FICC). The GSCC was first established in 1986 to provide clearing and settlement of U.S. government securities. The GSCC handles both new issues and resales of government securities.