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Clearing (finance) and Custodian bank

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Clearing (finance) and Custodian bank

Clearing (finance) vs. Custodian bank

In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. A custodian bank, or simply custodian, is a specialized financial institution responsible for safeguarding a firm's or individual's financial assets and is not engaged in "traditional" commercial or consumer/retail banking such as mortgage or personal lending, branch banking, personal accounts, automated teller machines (ATMs) and so forth.

Similarities between Clearing (finance) and Custodian bank

Clearing (finance) and Custodian bank have 4 things in common (in Unionpedia): Central securities depository, Clearstream, Settlement (finance), Stock transfer agent.

Central securities depository

A central securities depository (CSD) is a specialist financial organization holding securities such as shares either in certificated or uncertificated (dematerialized) form so that ownership can be easily transferred through a book entry rather than the transfer of physical certificates.

Central securities depository and Clearing (finance) · Central securities depository and Custodian bank · See more »

Clearstream

Clearstream is a post-trade services provider owned by Deutsche Börse AG.

Clearing (finance) and Clearstream · Clearstream and Custodian bank · See more »

Settlement (finance)

Settlement of securities is a business process whereby securities or interests in securities are delivered, usually against (in simultaneous exchange for) payment of money, to fulfill contractual obligations, such as those arising under securities trades.

Clearing (finance) and Settlement (finance) · Custodian bank and Settlement (finance) · See more »

Stock transfer agent

A stock transfer agent or share registry or Transfer Agency is a company, usually a third party unrelated to stock transactions, which cancels the name and certificate of the shareholder who sold the shares of stock, and substitutes the new owner's name on the official master shareholder listing.

Clearing (finance) and Stock transfer agent · Custodian bank and Stock transfer agent · See more »

The list above answers the following questions

Clearing (finance) and Custodian bank Comparison

Clearing (finance) has 44 relations, while Custodian bank has 96. As they have in common 4, the Jaccard index is 2.86% = 4 / (44 + 96).

References

This article shows the relationship between Clearing (finance) and Custodian bank. To access each article from which the information was extracted, please visit:

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