What Happens After the Trade?

A new book is now available that describes clearance and settlement in a way that is accessible, readable and user-friendly – the "plain English" explanation of what happens after the trade. Published by Lightbulb Press and co-authored by DTCC, this new publication, "Guide to Clearance and Settlement: an Introduction to DTCC," is the very first book of its kind produced from an industry infrastructure organization.

Guide to Clearance & Settlement is an overview of DTCC's sophisticated infrastructure and risk management systems, which provide essential services to US and global capital markets. The guide explains clearing, netting, and settling — the essential elements of post-trade processing — and the role of a central counterparty in ensuring completion of equity and fixed-income transactions. It looks, as well, at the increasing number of solutions DTCC provides for financial firms at home and around the world.

Click here to BUY IT NOW on Amazon.com.