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Acts as a clearing house ofsecurities1. O SEBI2. Stock Exchange3. © Commodity exchange4. ORBI |
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Answer» Answer: When two INVESTORS agree to the terms of a financial transaction, such as the purchase or sale of a security, a clearing house ACTS as the MIDDLE man on behalf of both parties. The purpose of a clearing house is to improve the efficiency of the markets and add STABILITY to the financial system. |
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