Series 7: 17.5.3.2. Reporting To The National Securities Clearing Corporation

Taken from our Series 7 Online Guide

17.5.3.2. Reporting to the National Securities Clearing Corporation

Once trades are locked in and cleared, the reporting facility sends the locked in trades to the National Securities Clearing Corporation (NSCC) for settlement. The NSCC nets the buy and sell activity in each traded security among all member firms on that particular day to arrive at

Since you're reading about Series 7: 17.5.3.2. Reporting To The National Securities Clearing Corporation, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 7
Please Enable Javascript
to view this content!