Behind the Trade: Demystifying Clearing, Settlement & Delivery in the Secondary Market

About the Program

The Student Development Program (SDP) on “Behind the Trade: Demystifying Clearing, Settlement & Delivery in the Secondary Market” aims to provide students with a comprehensive understanding of post-trade market operations. The session covers key concepts such as trade execution, clearing mechanisms, settlement processes, and securities delivery. It bridges theoretical finance with real-world market practices, enabling participants to gain practical insights into the functioning and efficiency of financial markets.

Objectives of the Program

• To familiarize students with the functioning of the secondary market and the role of intermediaries in trade execution.
• To explain the end-to-end process of clearing, settlement, and delivery of securities in stock market transactions.
• To enhance practical understanding of post-trade mechanisms through real-world examples and insights into regulatory and technological frameworks.

Expected Outcomes of the Program

• Students will gain a clear understanding of the secondary market operations, including the roles of stock exchanges, clearing corporations, and depositories.
• Students will be able to explain the complete trade lifecycle, from order execution to final settlement and delivery of securities.
• Learners will develop practical insights into risk management and compliance involved in the clearing and settlement process, preparing them for careers in finance and capital markets.