There is a wide variety of debt types each with its own unique features , settlement conventions However, the bond markets can be divided into two distinct g.
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Adjustments A change to contract terms due to a corporate actione g a merger , stock pending on the corporate action, different contract terms. The Depository Trust Clearing Corporation DTCC) provides industry leading solutions that shape the future growth , development of the global financial marketplace.
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The Depository Trust CompanyDTC) DTCC s subsidiary, The Depository Trust CompanyDTC established in 1973, was created to. Settlement Services Settlement and the role of CHESS When equities are bought or sold in Australia, title or legal ownership of those equities is exchanged for money.
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