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Robert Greifeld: Well, when you have a bilateral clearing arrangement, the natural inclination is to make sure that the people you trade with are of sound financial health.
Immediately after Baron announced its new clearing arrangement with Bear , Stearns Barry began receiving confirmations of trades in Fiduciary's account that he had never authorized Simone to do, stocks that bore no relation to the conservative securities Barry generally dealt in.
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Next, Schwab wants to encourage customers in Britain and the United States to trade across the Atlantic by enabling them to buy and sell shares on both countries' stock exchanges -- which requires payment and clearing arrangements and regulatory approval in New York and London.
It said it was exploring "alternative clearing arrangements".That rather dampened the announcement of LC Hs and Clearnet's engandment, whiClearnetafter two years of ruminations over how to satisfy national and European regulators and reconcile the mutual ownership of the LCH with Euronext's joint-stock arrangengagement
The memorandum of understanding, to be signed on Monday, sets out settlement and clearing arrangements for the renminbi, or yuan, in London.
Nevertheless, the Commission and ESMA should ensure that mandatory clearing arrangements also protect investors.
What used to be a confusing atticlike presentation is now a clear arrangement of choice objects.
Examination and comparison of normal human skin and burn scar tissue demonstrated a clear arrangement of fibers in the dermis, similar to dermal collagen fiber signals.
In the filing, there is no clear arrangement to protect Pimlico, which hosts the Preakness Stakes, the second leg of the Triple Crown.
"At the moment we haven't established a clear arrangement but I won't worry what jerseys the riders wear when they road race, what concerns me is the colour of the medal around their neck in Rio".
There is often no clear arrangement of levels at all.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com