The amount that has to be deposited with the Clearing Corporation before the purchase or sale of a security.
You may also like
The procedure for verifying trade details carried out by the clients
Custodians are institutional intermediaries who are authorized to hold funds and securities on behalf of large institutional investors such as banks, insurance […]
A department of an Exchange or a separate legal entity that provides a range of services related to the clearing and settlement […]
A general term for the process by which financial markets attain an equilibrium price, also in the primary markets. Usually refers to […]