Securities Clearing
/ˈsɛkjʊərɪtiz ˈklɪərɪŋ/
Definitions
- (n.) The process by which financial transactions in securities are settled, involving the confirmation, matching, and transfer of securities and funds to fulfill obligations between parties.
The securities clearing process ensures that the buyer receives the stock and the seller receives payment promptly.
Forms
- securities clearing
Related terms
See also
Commentary
Securities clearing is distinct from settlement, focusing on the validation and matching of trades before final transfer; precise definitions vary by jurisdiction and entity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.