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Free Finance & Markets 10 pages 1 min read

The Stock Exchange Ecosystem – Brokers, Clearing, Custody & Market Plumbing

Brokers, Clearing, Custody & Market Plumbing — When you tap 'buy' on a share, the trade seems instant. Behind that single click, however, lies a vast, invisible machine — a chain of institutions that verifies the trade, manages the risk that someone might not pay, and finally moves money and securities between buyer and seller.…

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