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ClearPar

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**ClearPar**

What is ClearPar?

ClearPar was a centralized clearing system for the U.S. fixed-income market, specifically designed to streamline the processing of mortgage-backed securities (MBS) and other fixed-income instruments. It aimed to reduce risk and improve efficiency in the clearing and settlement process by automating trade matching, netting, and settlement. The ClearPar platform was used by dealers, institutional investors, and other market participants.

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