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 amount that has to be deposited with the Clearing Corporation before the purchase or sale of a security.
Alternative Investment Fund or AIF means any fund established or incorporated in India which is a privately pooled investment vehicle which collects funds from sophisticated […]
Bid refers to the price one is willing to pay for a security.
The process of transforming securities holdings in physical form to those in electronic form through a depository system