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Stocks

Clearing Day

In the realm of finance, a trade clearing and settlement refers to the process of finalizing transactions between buyers and sellers. This crucial step takes place on business days when the clearing corporation is operational. It is during this time that the clearing corporation ensures that all trades are accurately recorded and funds are transferred between parties. This process plays a vital role in the smooth functioning of financial markets and is essential for businesses and investors alike.
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A comprehensive resource containing definitions and explanations of terms, concepts, and jargon used
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