TeachMeFinance.com - explain London Stock Exchange clearing house
London Stock Exchange clearing house -- In a room in the
exchange designated as the clearing house stock differences
are settled. The purpose of the clearing house is to avoid a
multiplicity of deliveries by making merely deliveries of balances.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.