What Is Clearing? Definition, How It Works, And Example
https://livewell.com/finance/what-is-clearing-definition-how-it-works-and-example/
WEBOct 28, 2023 · Clearing is a crucial step in financial transactions, where a third party ensures the smooth settlement of trades. It involves verifying, reconciling, and finalizing trades to mitigate counterparty risk and ensure efficiency in the financial markets. Understanding Clearing.
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