DTCC On-Boards Michael McClain as its General Manager of Equity Clearing

[kreslik.news]

The Depository Trust & Clearing Corporation (DTCC), a provider of post-trade market infrastructure for the global financial services industry, has on-boarded Michael McClain as its newest Managing Director and General Manager of Equity Clearing, according to a company statement.

In his new role Mr. McClain will be tasked with overseeing the day-to-day equity clearing business operations and strategic initiatives. In this capacity he will be reporting to Murray Pozmanter, Managing Director and Head of Clearing Agency Services.

Mr. McClain lands at DTCC from the Options Clearing Corporation (OCC), having worked previously as its Chief Operating Officer. Additional roles also include senior stints ... (read more)