Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:NSCC Head Retires Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, October 8, 1999

NSCC Head Retires

Reported by Jason Shank

David Kelly, president and chief executive officer of National Securities Clearing Corporation (NSCC) will be retiring in February, 2000, the New York-based company said.

Related Links
NSCC
On InvestmentWires
  Sungard Stands on NSCC Platform
Sep 16 1999
  DTC and NSCC Make Alphabet Soup
Mar 22 1999
  This Market's Changed, Get Over It
Feb 1 1999
 NSCC Trading Platforms Ally
Dec 16 1998
Kelly, chief executive of NSCC since he joined the company in 1983, has overseen the growth of a trading platform that had about 200,000 transactions daily in 1983 to over 6 million transactions handled in 1999.

He was also responsible for guiding the formation of three affiliate clearing corporations, the Government Securities Clearing Corporation, the International Securities Clearing Corporation and the Emerging Markets Clearing Corporation.

During Kelly's tenure, the NSCC expanded into new businesses such as mutual funds and insurance services and moved from T+5 settlement to T+3, as well as spearheaded the move to settlement in same-day funds.

In addition to retiring as head of NSCC, Kelly will also retire as CEO of Government Securities Clearing Corporation and CEO of International Securities Clearing Corporation.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use