Series 24: 5.9.2.3.1. Reporting To The National Securities Clearing Corporation

Taken from our Series 24 Online Guide

5.9.2.3.1. Reporting to the National Securities Clearing Corporation

Once trades are locked in and cleared for ACT’s purposes, reports are sent to the NSCC for settlement. The National Securities Clearing Corporation (NSCC) nets the buy and sell activity in each traded security among all member firms on that particular day to arrive a

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