Clearing system: Difference between revisions

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	{{a\|glossary\|}}A centralised system(also known as a [[clearance system]] or a [[clearing house]]) to settle payments or facilitate transactions between banks and financial counterparties, such as the [[Title transfer\|transfer]] of [[Security\|securities]]. In the markets, the clearing process is performed by a clearing house.		{{a\|glossary\|}}A centralised system (also known as a [[clearance system]] or a [[clearing house]]) to settle payments or facilitate transactions between banks and financial counterparties, such as the [[Title transfer\|transfer]] of [[Security\|securities]]. In the markets, the clearing process is performed by a clearing house.

	Examples:		Examples: