oppgjørsentral
An oppgjørsentral, often translated as a settlement center or clearinghouse, is a financial institution or system responsible for facilitating the settlement of financial transactions between two or more parties. Its primary function is to act as an intermediary, ensuring that payments and securities are exchanged accurately and efficiently. This process reduces the risk of default and simplifies the complexities of bilateral settlements.
In essence, an oppgjørsentral aggregates obligations from various participants. Instead of each party settling directly with
Oppgjørsentraler play a crucial role in various financial markets, including securities trading, foreign exchange, and interbank