DTCC Successfully Closes Out Lehman Brothers Bankruptcy

The Depository Trust & Clearing Corporation (DTCC), the leading post-trade clearance and settlement infrastructure for the U.S. capital markets, announced today that it successfully closed out over $500 billion in market participants’ exposure from the Lehman Brothers, Inc. (Lehman) bankruptcy which occurred the week of Sept. 22. This was the largest close-out in DTCC’s history.

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