Bullion trade clearing and settlement must use a bullion clearing corporation from the start of exchange operations. Clearing and settlement of bullion exchange trades must be conducted through the services of a bullion clearing corporation from the commencement of the ... Summary
Bullion trade clearing and settlement must use a bullion clearing corporation from the start of exchange operations.
Clearing and settlement of bullion exchange trades must be conducted through the services of a bullion clearing corporation from the commencement of the bullion exchange's operations. This establishes mandatory use of a designated clearing mechanism for all trades executed on a bullion exchange.
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