A department of an Exchange or a separate legal entity that provides a range of services related to the clearing and settlement of trades and management of risks associated with the resulting contracts. A Clearing House is a central counterparty to all trades, that is, the buyer to every seller and the seller to every buyer
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Allotment on a firm basis in public issues by an issuing company to financial institutions, mutual funds, overseas corporate bodies, foreign portfolio […]
A security is financial instrument that represents some kind of financial value which can be traded.
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