clearing+up
101Clearing 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… …
102Clearing Member Trade Agreement - CMTA — An agreement by which an investor may enter derivative trades with a limited number of different brokers and later consolidate these trades with one brokerage house for clearing. When the position is consolidated, some brokers will give up their… …
103Clearing House Automated Payments System — ( CHAPS) A computerized clearing system for sterling funds that began operations in 1984. It includes 14 member banks, nearly 450 participating banks, and is one of the clearing companies within the structure of the Association for Payment… …
104clearing firm — A firm approved to clear trades through CME Clearing. Class A clearing firms are approved to clear transactions for all commodities. See also clearing member. Chicago Mercantile Exchange Glossary …
105Clearing-Stelle — 1. Begriff: Abrechnungsstelle, die aufgrund einer Vereinbarung zwischen den Mitgliedern im Wege der Aufrechnung (Saldierung) den Ausgleich gegenseitiger Verbindlichkeiten und Forderungen vornimmt (⇡ Clearing). Als Vorbild solcher… …
106Clearing house interface — A Clearing House is a centralised facility for the exchange of mutual claims by financial institutions with settlement of the net balance. The aim is to provide the branches of a bank with an electronic link to their local clearing house. Tape… …
107Clearing zone — A clearing zone is usually a geographical area such as U.S.A. East coast, Hong Kong, etc. What is important to know however is that all cheques issued in a particular clearing zone will have the same default clearing period (regardless of… …
108clearing member — A member of a clearing house that is permitted by the clearing house to clear trades with that clearing house …
109clearing house — A centralized and computerized system for settling indebtedness between members. The best known in the UK is the Association for Payment Clearing Services (APACS), which enables the member banks to offset claims against one another for cheques… …
110clearing house — UK / US noun [countable] Word forms clearing house : singular clearing house plural clearing houses 1) an organization that collects and provides information on a particular subject 2) a central office that carries out the business that major… …
