Corned beef can also be made from the beef round primal cut. Both the round and the brisket are relatively tough cuts of meat that are best cooked by slow, moist-heat cooking. A good corned beef is quite tender with a delicious salty flavor.
DEFINITION of 'National Securities Clearing Corporation-NSCC'. A subsidiary of the Depository Trust & Clearing Corporation (DTCC) that provides centralized clearing, risk management, information and settlement services to the financial industry.efore its inception, huge demand of paper stock certificates were a reality for stock brokerages, causing the stock exchanges to close once a week. To overcome this problem, multilateral netting was proposed, leading to the formation of the NSCC.
Options Clearing Corporation (OCC). The Options Clearing Corporation issues all exchange-listed securities options in the United States and guarantees all transactions in those options. The OCC also assigns exercised options for fulfillment, and handles the processing, delivery, and settlement of all options transactions. The OCC is responsible for maintaining a fair and orderly market in options and is overseen by the Securities and Exchange Commission (SEC). It's jointly owned by the exchanges that trade options.