Standardizing World Securities Clearance Systems
Economic Commentary, April 1990
4 Pages Posted: 29 Apr 2003
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.
JEL Classification: G1, G2, K4
Suggested Citation: Suggested Citation