New York Portfolio Clearing (NYPC) rang the NYSE Closing Bell

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Uploaded by on Mar 29, 2011

New York Portfolio Clearing visits the NYSE to celebrate its recent launch and highly successful first week of clearing interest rate futures contracts traded on NYSE Liffe U.S. In honor of the occasion, Walt Lukken, CEO of NYPC, rang The Closing BellSM, joined by Murray Pozmanter, DTCC Managing Director, Fixed Income Clearance and Settlement and Tom Callahan, CEO, NYSE Liffe U.S.
About NYPC
New York Portfolio Clearing, LLC (NYPC) is registered as a U.S. Derivatives Clearing Organization with the Commodity Futures Trading Commission. NYPC clears interest rate products and will support the cross-margining of fixed income cash products from Depository Trust & Clearing Corporation's Fixed Income Clearing Corporation with their related, offsetting derivatives trades in a "single pot". For more information, please visit: www.nypclear.com.

About DTCC
The Depository Trust & Clearing Corporation (DTCC), through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with their distribution networks. DTCC's depository provides custody and asset servicing for more than 3.6 million securities issues from the United States and 121 other countries and territories, valued at US$36.5 trillion. In 2010, DTCC settled nearly US$1.66 quadrillion in securities transactions. DTCC has operating facilities and data centers in multiple locations in the United States and overseas. For more information, please visit www.dtcc.com.

About NYSE Liffe U.S.
NYSE Liffe U.S. is the U.S. futures exchange of NYSE Euronext. In March 2010, the exchange sold a substantial minority ownership stake to six leading market participants, Citadel Securities, DRW Ventures LLC (an affiliate of DRW Trading Group), GETCO, Goldman Sachs, Morgan Stanley and UBS. NYSE Liffe U.S. utilizes the proven LIFFE CONNECT® trading platform designed and maintained by NYSE Technologies that matched nearly 4.7 million contracts per day in 2010 on the NYSE Liffe European markets. Offering a range of global connectivity options, NYSE Liffe U.S. enables its members to efficiently transact on the platform in a highly cost-effective manner while also utilizing other NYSE Euronext exchanges with unique pricing incentives and simplified access. For more information on NYSE Liffe U.S., please visit: www.nyse.com/nyseliffeus.

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