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Standardizing World Securities Clearance Systems

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The dramatic increase in the volume of international securities trading has strained the present system of settling trades. The costs and risks of such trading can no longer be ignored. An international organization, the Group of Thirty, has recommended changes in the structure of financial markets to minimize these problems.

The dramatic increase in the volume of international securities trading has strained the present system of settling trades. The costs and risks of such trading can no longer be ignored. An international organization, the Group of Thirty, has recommended changes in the structure of financial markets to minimize these problems.


Suggested citation: DeGennario, Ramon P., and Christopher J. Pike, 1990. "Standardizing World Securities Clearance Systems," Federal Reserve Bank of Cleveland, Economic Commentary, 04.15.1990.

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