what does the National Securities Clearing Corporation (NSCC) do?
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- a subsidiary to the DTCC
- The National Securities Clearing Corporation (NSCC) provides clearing
services for the majority of broker-to-broker equity trades in the United
States.
,what Is a electronic communication network
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brings together buyers and sellers anonylamosuy
they are market centers with quotes and trade, and charge their users a fee
(because they are acting as a broker)
both retail and institutional investors can use it
Pay a fee to be anonmous
Public
What does a depository trust and clearing corp (DTCC) do?
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they want to automate the clearing and settlement of securities
What is an exchange market
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A secondary market, where listed equities trade
It is a centralized trading venue, that is an open auction market
What do clearing firms do?
, Give this one a try later!
their main obligation is to make sure the transaction is
prompt and settle (working for their client)
Where do non-equities trade?
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On dealer-to dealer markets (they are not listed)
Accredited investors
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a step above retail. these are more sophisticated investors that meet
certain requirements.
NOT a pool of money! But can be both natural persons and intuitions such
as banks
What are the qualifications for a QIB
Give this one a try later!
Give this one a try later!
- a subsidiary to the DTCC
- The National Securities Clearing Corporation (NSCC) provides clearing
services for the majority of broker-to-broker equity trades in the United
States.
,what Is a electronic communication network
Give this one a try later!
brings together buyers and sellers anonylamosuy
they are market centers with quotes and trade, and charge their users a fee
(because they are acting as a broker)
both retail and institutional investors can use it
Pay a fee to be anonmous
Public
What does a depository trust and clearing corp (DTCC) do?
Give this one a try later!
they want to automate the clearing and settlement of securities
What is an exchange market
Give this one a try later!
A secondary market, where listed equities trade
It is a centralized trading venue, that is an open auction market
What do clearing firms do?
, Give this one a try later!
their main obligation is to make sure the transaction is
prompt and settle (working for their client)
Where do non-equities trade?
Give this one a try later!
On dealer-to dealer markets (they are not listed)
Accredited investors
Give this one a try later!
a step above retail. these are more sophisticated investors that meet
certain requirements.
NOT a pool of money! But can be both natural persons and intuitions such
as banks
What are the qualifications for a QIB
Give this one a try later!
