Which function is associated with Clearing and Settlement?

The function associated with Clearing and Settlement is ensuring that transactions are completed. This process is critical in financial markets as it involves the verification and finalization of transactions following trade execution. Clearing refers to the steps taken to prepare for the transfer of securities and cash between parties, while settlement is the actual transfer of these assets.

This function ensures that the securities purchased are delivered to the buyer and that the seller receives payment, allowing financial markets to operate smoothly and efficiently. Proper clearing and settlement processes help minimize risks, such as counterparty risk, and enhance overall market liquidity.

Other options address different aspects of financial operations, such as executing trades, which is related to trade initiation rather than completing transactions, reporting profits, which pertains to financial performance assessment, and creating marketing strategies, which focuses on business growth rather than the technical aspects of trade processing.