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Clearing House

StockbrokerA clearing house is a type of financial institution which provides clearing and settlement service for different types of financial transactions. These financial transactions are mostly related to shares,commodities and derivatives.These types of transactions are mostly done on stock exchanges or over the counter market.A clearing house acts as a  risk reducing institution by saving other clearing house from failing.It helps it to settle its financial obligations on time.

 

 

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About Emaad Qureshi