partner clearing house

partner clearing house
A derivatives clearing organization or a clearing house that has agreed to act in concert with the exchange to facilitate clearance of Security Futures Products as defined herein: A Partner clearing house shall be considered a Clearing Member for purposes of the Rules except to the extent otherwise provided in an agreement between the exchange and the Partner clearing house. Chicago Mercantile Exchange Glossary
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The term "Partner Clearinghouse" means a derivatives clearing organization or a clearinghouse which has agreed to act in concert with the Exchange to facilitate clearance of Security Futures Products as defined herein. A Partner Clearinghouse shall be considered a Clearing Member for purposes of the Rules except to the extent otherwise provided in an agreement between the Exchange and the Partner Clearinghouse. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

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