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Guide to Clearance & Settlement
by Virginia B. Morris, Stuart Z. Goldstein

Guide to Clearance & Settlement
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Binding: Paperback
ISBN: 1933569980
Number Of Pages: 32
Publication Date: 2009-11-01
Publisher: Lightbulb Press, Inc.

Editorial Reviews:

Guide to Clearance & Settlement is 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.


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