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  • The Trading Cycle

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    DennisOlayresNocomora
    8 views1 page
    The document outlines the trading cycle between investors, brokers, and clearing houses. Brokers facilitate transactions between buying and selling investors by connecting them through the clearing house. The clearing house then settles and clears the transactions before funds and shares are deposited back to the investors through the broker and settlement houses.

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    corporate finance

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    The document outlines the trading cycle between investors, brokers, and clearing houses. Brokers facilitate transactions between buying and selling investors by connecting them through the clearing house. The clearing house then settles and clears the transactions before funds and shares are deposited back to the investors through the broker and settlement houses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    8 views1 page

    The Trading Cycle

    Uploaded by

    DennisOlayresNocomora
    The document outlines the trading cycle between investors, brokers, and clearing houses. Brokers facilitate transactions between buying and selling investors by connecting them through the clearing house. The clearing house then settles and clears the transactions before funds and shares are deposited back to the investors through the broker and settlement houses.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    THE TRADING CYCLE

    BUYING
    INVESTO
    R

    SELLING
    INVESTO
    R

    BROK
    ER

    BROK
    ER

    RCBC/EBC

    PCD or
    RoSS

    (SETTLE
    HOUSE)

    (DEPOSITO
    SCCP
    (CLEARING
    HOUSE)

    PCD or
    RoSS

    RCBC/EBC

    (DEPOSITO

    (SETTLE
    HOUSE)

    BROK
    ER

    BROK
    ER

    BUYING
    INVESTO
    R

    SELLING
    INVESTO
    R

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