Clearing & Settlement

We move on now to clearing and settlement. Clearing, Settlement and Custody activity focuses on the clearing, settlement and custody functions by analysing how they work and the interaction between the organisations involved. There is an interdependency in the roles of clearing houses, central counterparties, central securities depositories and the custodians, as well as, assessing the impact on the workflow and procedures in the operations function at banks, brokers and institutions.KeywordsTrading SystemSecurity MarketClearing HouseCentral DepositarySecurity AccountThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.