Journal Article

Standardizing world securities clearance systems


Abstract: A discussion of how the dramatic increase in the volume of international securities trading has strained the present system of settling trades. Included are nine recommendations made by the Group of Thirty to reduce the risk and cost of trading in financial markets worldwide and the difficulties that would accompany implementation of a new system.

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1990

Issue: Apr

Order Number: 2