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Which Comes First Settlement Or Clearing? [Solved]

Clearing and settlement directly follows a trade. Clearing is what comes immediately after the trade, where all the terms of the deal are double-checked. Settlement is the final stage, in which the transfer of securities and money takes place.

Authorising, Clearing and Settlement

Here’s a look behind the scenes of how electronic payments work in the world of eCommerce. It can seem complicated, but we’ll …

Clearing at ECC – Want to know how clearing works?

European Commodity

What is a clearing house? - MoneyWeek Investment Tutorials

Clearing