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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Securities issued to an identified set of investors, on preferential terms. It may or may not be with a public issue or […]
A system of organisation, which keeps records of securities, deposited by its depositors. The records may be physical or simply electronic records