Securities Clearing & Settlement

Clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is

necessary to turn the promise of payment into actual movement of money between counterparties.

In securities trading, clearing is necessary because the speed of trades is becoming faster. It involves the

management of post-trading, pre-settlement credit exposures to ensure that trades are settled in accordance with

market rules, even if a buyer or seller should become insolvent prior to settlement. Processes included in clearing are

reporting/monitoring, risk margining, netting of trades to single positions, and failure management. The course covers key elements of Securities Clearing & Settlement

To provide the audience the understanding of the Securities Clearing & Settlement, their features and specifics of

Derivatives Clearing & Settlement

Overview of Clearing & Settlement

Securities Clearing

Settlement

Derivatives Clearing & Settlement