Business Studies · Financial Markets
In stock exchange operations, the day on which the clearing house delivers the purchased securities to the buyer's broker and pays the funds to the seller's broker is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Record day
- 2Transaction day
- 3Pay-out day✓
- 4Pay-in day
Correct answer
Pay-out day
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