Clearance and Settlement Systems in the World's Securities Markets PDF Download
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Author: Virginia B. Morris Publisher: Lightbulb Press, Inc. ISBN: 1933569980 Category : Capital market Languages : en Pages : 35
Book Description
"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.