Glossary

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Clearing

Clearing is now generally accepted as a securities risk management process that offers various benefits:
  • post-trade anonymity
  • the elimination of counterparty risk and the
  • ability to support multi-lateral netting.
Clearing is supported by a clearing house or central counterparty (CCP) with the aim of avoiding unnecessary payments between banks by netting trades and settling only any remaining balances.
SIS x-clear AG and LCH Ltd provide the SIX Swiss Exchange with clearing and risk management services.

See alsoCCP Central Counterparty
LinksLCH LtdSIX x-clear Ltd
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