Clearing is the post-trade process that prepares obligations for completion by verifying trades, calculating what each participant is responsible for, and reducing offsetting amounts where appropriate. In derivatives markets, it also involves routinely revaluing open contracts and updating the collateral or margin needed to support them before settlement occurs.
Passende Formel
Differenzialquotient
\[f'(x)=\lim_{h\to0}\frac{f(x+h)-f(x)}{h}\]
Die Ableitung als Grenzwert des Differenzenquotienten sichtbar machen.
Formel vollständig öffnenSource: European Central Bank (ECB) (source). This glossary entry is an independently worded adaptation of the cited information.