Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Derivatives Clearing System

Updated on 2023-08-29T11:56:41.550683Z

DCS or Derivatives Clearing System is a client-server design operated by ASX Clear Pty Limited to settle and clear equity-associated derivative products. DCS captures reported derivatives trades from the ASX trading system and broadcasts them to the appropriate participants in near real-time. Moreover, it offers several reports to participants automatically, including collateral reports, exercise reports, financial reports, position reports and reconciliation reports.