]> Financial Context and Process Ontology This ontology defines process concepts in general for refinement and re-use elsewhere in the FIBO business process domain. https://opensource.org/licenses/MIT Copyright (c) 2013-2023 EDM Council, Inc. clearing The process by which securities trades are cleared. clearing and settlement The business process or service area of securities clearing and settlement. financial industry context The context in which business activites take place within the financial industry, i.e. investment management, wholesale financial markets trading and so on. REVIEW: Ther precise definition above defines the Scope of this model. financial markets regulation investment management market data provision portfolio management pre trade pretrade quotes pretrade reference data provision primary market Issuance and primary market trading of new Traded Financial Instruments primary market closing primary market indications of interest secondary market trading context securities custody securities post trade securities post trade position management securities trade securities trade allocation securities trade capture and validation securities trade confirmation affirmation securities trade date position reporting securities trade execution securities trade order routing securities trades matching Matching of trade allegations to identify confirmed trades, on an Over the Counter market in Traded Securities. securities trades reporting security retirement short sale locate trade advertisements traded security lifecycle trades reference data provision when issued trading is retirement of