Author : Virginia B. Morris
Release : 2009
Genre : Capital market
Kind : eBook
Book Rating : 980/5 ( reviews)
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Book Synopsis Guide to Clearance & Settlement by : Virginia B. Morris
Download or read book Guide to Clearance & Settlement written by Virginia B. Morris. This book was released on 2009. Available in PDF, EPUB and Kindle. 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.