Trading

Two decades of DTCC abroad

It has been 20 years since the Depository Trust & Clearing Corporation opened its London office. Its history gives hints of its future

DTCC's London HQ is close to Liverpool Street
DTCC's London HQ is close to Liverpool Street Photo: iStock

It is 20 years since Bill Hodash stepped out of the lift on the 13th floor of a skyscraper at 1 Undershaft, in the City of London, and walked into his new office.

The Depository Trust Corporation, based in New York, had sent Hodash to London with a mission: to set up its first office outside the US and grab European market share.

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