February 2003
Beginner
208 pages
4h 55m
English
Content preview from Understanding the Markets
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Clearing organization The clearing organization acts as the
guarantor of the performance and settlement of contracts that are
traded on an exchange.
Clearing system System established to clear transactions.
Clearstream CSD and clearing house based in Luxembourg and
Frankfurt.
CLOB Dealing system of the Singapore Stock Exchange.
Close-ended Organizations such as companies which are a certain
size as determined by their share capital.
Closing day In a new bond issue, the day when securities are
delivered against payment by syndicate members participating in the
offering.
Closing trade A bought or sold trade which is used to partly offset
an open position, ...
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