Guide to Clearance & Settlement
Download or Read eBook Guide to Clearance & Settlement PDF written by Virginia B. Morris and published by Lightbulb Press, Inc.. This book was released on 2009 with total page 35 pages. Available in PDF, EPUB and Kindle.
Author | : Virginia B. Morris |
Publisher | : Lightbulb Press, Inc. |
Total Pages | : 35 |
Release | : 2009 |
ISBN-10 | : 9781933569987 |
ISBN-13 | : 1933569980 |
Rating | : 4/5 (87 Downloads) |
Book Synopsis Guide to Clearance & Settlement by : Virginia B. Morris
Book excerpt: "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.