That part of a broking firm which is responsible for post trade activities. The Back-office can be a single department or multiple units (documentation, accounting, risk management, settlements etc.)
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The procedure for verifying trade details carried out by the clients
A general term for the process by which financial markets attain an equilibrium price, also in the primary markets. Usually refers to […]
Any person who is engaged in the business of issue management either by making arrangement regarding selling, buying or subscribing to securities […]
In a rolling settlement, each trading day (“T”) is considered as a trading period and trades executed during the day are settled […]