| Clearing Corporation |
 An organization associated with an exchange to handle the confirmation, settlement and delivery of transactions, fulfilling the main obligation of ensuring transactions are made in a prompt and efficient manner. They are also referred to as "clearing firms" or "clearing houses."
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In order to make certain that transactions run smoothly, clearing corporations become the buyer to every seller and the seller to every buyer, or, in other words, take the off-setting position with a client in every transaction.
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How Does Someone Actually Transact Securities? - Know the four main avenues of transacting investment instruments.
The Nitty-Gritty Of Executing A Trade - Ever wonder what happens behind-the-scenes when you buy or sell a stock? Read on and find out! |
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