- clearing corporations
- Organizations that are affiliated with exchanges and are used to complete securities transactions by taking care of validation, delivery, and settlement. Bloomberg Financial Dictionary
Financial and business terms. 2012.
clearing corporations
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Clearing Corporation — An organization associated with an exchange to handle the confirmation, settlement and delivery of transactions, fulfilling the main obligation of ensuring transactions are made in a prompt and efficient manner. They are also referred to as… … Investment dictionary
clearing margin — Financial safeguards to ensure that clearing members (usually companies or corporations) perform on their customers open futures and options contracts. Clearing margins are distinct from customer margins that individual buyers and sellers of… … Financial and business terms
Clearing House Interbank Payments System — The Clearing House Interbank Payments System (CHIPS) is the main privately held clearing house for large value transactions in the United States, settling well over US$1 trillion a day in around 250,000 interbank payments. Together with the… … Wikipedia
Depository Trust & Clearing Corporation - DTCC — Established in 1999, the DTCC is a holding company consisting of 5 clearing corporations and 1 depository, making it the world s largest financial services corporation dealing in post trade transactions. Owned by its principal users, the DTCC s… … Investment dictionary
National Securities Clearing Corporation — ( NSCC) A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations. Bloomberg Financial Dictionary … Financial and business terms
Hong Kong Exchanges and Clearing — Logo de Hong Kong Exchanges and Clearing Création 2000 … Wikipédia en Français
Futures exchange — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
SEC Form CA-1 — A form that is completed and submitted to the Securities and Exchange Commission (SEC) for the purpose of registering as a clearing agency. SEC Form CA 1 is also used to apply for exemption from registration as a clearing agency and to make any… … Investment dictionary
NSCC — ( National Securities Clearing Corporation) A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations. Bloomberg Financial Dictionary … Financial and business terms
Window Settlement — A form of settlement between dealers whereby trades are settled through the physical comparison of transactions and actual money and stocks are transferred. With the increased role of clearing corporations and depositories, window settlement is… … Investment dictionary
