- Joined
- Oct 1, 2023
- Messages
- 5,014
- Reaction score
- 494
- Trophy Points
- 34
- D Bucks
- 💵13.016525
- Referral Credit
- 0
The task of the clearing institution is not only as a guarantor of securities but also provides borrow and lending stock facilities, if you lend stocks then you will get 12% interest as passive income, so besides getting dividends and capital gains you will also get interest. So the function of the clearing institution is also as a bridge between borrower and lender stocks. The clearing institution has several members such as securities companies and custodian banks. Have you ever borrowed or lent stock?