Clearing vs Settlement for Beginners: A Step-by-Step Walkthrough
You click "buy," and a few seconds later the shares appear in your trading app. It feels instant. However, the real work has only just begun.
Behind that simple click sits a quiet chain of checks, calculations, and transfers. Two stages carry most of the weight: clearing and settlement. Most new traders hear these words often, yet few can explain them clearly.
This guide fixes that. First, we...