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Date:01 February 2011Number:147BGuidance Notes for the Trading, Clearing & Settlement and custody of BEE Scheme Scarsdale:Guidance Notes31 January 20111/02/11Page 1TABLE OF CONTENTS1. Background to
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The clearing definition refers to the process of submitting necessary information to clearing houses in order to execute transactions efficiently and safely.
Financial institutions and market participants are required to file the clearing definition.
The clearing definition form can be filled out online through the designated platform provided by the clearing house.
The purpose of the clearing definition is to ensure transparency and mitigate risks in the financial markets.
The clearing definition form requires details of the transaction, counterparties involved, risk management procedures, and other relevant information.
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