Central Counterparty Clearing House (CCP) recently seen in news is related to which of the following?

1
A tool used by Central Government to appoint officials of higher ranks through Lateral Entry
2
A financial institution that acts as an intermediary between buyers and sellers in various markets, ensuring the smooth settlement of trades and managing counterparty risk. 
3
A mechanism developed by Israel for the purification of salt water
4
A tool used for the counting of tigers in recently conducted Tiger Census

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