Guide To Clearance Settlement
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Guide to Clearance & Settlement
Author | : Virginia B. Morris |
Publisher | : Lightbulb Press, Inc. |
Total Pages | : 35 |
Release | : 2009 |
Genre | : Capital market |
ISBN | : 1933569980 |
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"An overview of The Depository Trust & Clearing Corporation (DTCC), whose sophisticated infrastructure and risk management systems provide essential services to US and global capital markets. The guide explains clearing, netting, and settling - the essential elements of post-trade processing - and the role of a central counterparty in ensuring completion of equity and fixed-income transactions. It looks, as well, at the increasing number of solutions DTCC provides for financial firms at home and around the world"--P. [4] of cover.