clearing+up
91Clearing Fee — A fee charged by a clearing house for its services. A clearing fee is most often associated with the trading of futures. Transaction fees often include both a brokerage fee and a clearing fee, but seldom include a delivery fee, since the actual… …
92Clearing member — A member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all members of the exchange, however, are members of the clearing organization. All trades of a non clearing member must be registered with, and… …
93clearing 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… …
94Clearing balance requirement — Financial institutions use clearing balance requirement (or settlement balances requirement) to describe the amount of money or balance which they anticipate will be required to perform their clearing services. Section VIII of the Reserve… …
95Clearing House Funds — Money that passes between Federal Reserve Banks in the form of personal or business checks prior to approval of credit. These funds are in the process of clearing and reconciliation through a central processing mechanism. Because of this, they… …
96clearing fee indicator — A designation on a trade record which indicates the rate to be paid for clearing services: E = Equity Members, Clearing Members*; L = Lessee/106.F.Employees; B = CBOE Member (trading S&P products only); H = 106.H./J. Firms; C = Non member (… …
97Clearing House Interbank Payments System — CHIPS A US bankers clearing house for paying and accepting funds. It is an electronic system operated through terminals in bank branches. Participating banks must be members of the New York Clearing House Association or affiliates of it, for… …
98Clearing House Inter-Bank Payments System — CHIPS A US bankers clearing house for paying and accepting funds. It is an electronic system operated through terminals in bank branches. Participating banks must be members of the New York Clearing House Association or affiliates of it, for… …
99clearing bank — UK / US noun [countable] Word forms clearing bank : singular clearing bank plural clearing banks British a bank that does business with other banks through a clearing house …
100Clearing-Nummer — Die BC Nummer (Bankenclearing Nummer) dient in der Schweiz und in Liechtenstein zur Identifizierung der Finanzinstitute, die am SIC (Swiss Interbank Clearing) bzw. am euroSIC System angeschlossen sind. Das SIC ist ein Gemeinschaftswerk der… …
