Clearinghouses and Custodians: Financial Intermediaries 101
Intermediaries are vital for a well-functioning financial system and allow their clients to solve the problems they face more
Clearinghouses and Custodians: Financial Intermediaries 101
Intermediaries are vital for a well-functioning financial system and allow their clients to solve the problems they face more efficiently than they could by themselves. We find several types: Brokers, Exchanges, and Alternative trading systems Dealers and Securitizers Depository Institutions Insurance Companies Arbitrageurs, and Clearinghouses and Custodians We shall...
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