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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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1990
Issue: Apr
Order Number: 2