clearing house investment & finance definition A corporation established by an exchange in order to facilitate the execution of trades by transferring funds, assigning deliveries, and guaranteeing the performance of all obligations.
Clearing house funds Definition: Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks. ...
London Clearing House The organisation founded in 1888 to clear sugar and coffee trades in London, originally known as the London Produce Clearing House.
The Australian Clearing House and Electronic Sub-register System (commonly abbreviated to CHESS) is an electronic book-entry register of holdings of approved securities that facilitates the transfer and settlement of market transactions between ASX ...
Clearing house A body appointed by an exchange to carry out the clearing processes between members. In the case of the LME this is LCH.Clearnet. Free LME Market Data ...
Clearing House : It is a legal counter party to both legs of every trade. The netted purchase and sale positions of the trading Members are settled through the Clearing House.
Clearing house: The body responsible for the registration of transactions and for guaranteeing to its members the full performance of operations and commitments.
Clearing house / Clearing Organization - An organisation through which futures and other derivative transactions are cleared and settled. Clearing member - A representative of a clearing house which works directly with futures traders.
Clearing House - An adjunct to the CME responsible for settling trading accounts, clearing trades, collecting and maintaining performance bond funds, regulating delivery and reporting trading data.
Clearing House The clearing house function assumed by Clearnet, Euronext subsidiary under RGV, France's automated clearing and settlement system. This comes into play in all trades between Bourse member firms.
Clearing House Interbank Payments System (CHIPS) A computer-based clearing and settlement network established for international clearing of dollar payments and same day settlement.
CLEARING HOUSE The separate body through which all futures contracts traded on an Exchange are cleared and guaranteed. Usually administered by either Banks or by Exchange members themselves. CME Chicago Mercantile Exchange.
Clearing House: See Clearing Organization. Clearing Member: A member of a clearing organization. All trades of a non-clearing member must be processed and eventually settled through a clearing member.
Clearing House Comparison (CHC) - A form used to submit trades to NSCC that have missed the normal entry methods. Such trades enter the system on the third business day of the trade cycle.
Clearing House Automated Payments System (CHAPS) A computerized clearing system for sterling funds that began operations in 1984.
CHIPS (Clearing House Inter-bank Payments System). A computerized system used for foreign exchange dollar settlements. Christmas tree spread. A compound option strategy that consists of several short options at two or more strike prices.
Clearing House
Each Exchange maintains a clearing house to act as the central agency for effecting delivery and settlement of contracts between all members.
Clearing House An adjunct to a futures exchange through which transactions executed on the floor of the exchange are settled, using a process of matching purchases and sales.
Clearing House An agency or separate corporation of a futures exchange that is responsible for settling trading accounts, collecting and maintaining margin monies, regulating delivery and reporting trade data. Clearing Margin ...
Clearing House Automated Payment System. Chartist An individual who uses charts and graphs and interprets historical data to find trends and predict future movements. Also referred to as Technical Trader.
4. A Clearing House Short Sale: The Clearing House doesn't execute the buy order, but credits it to the brokerage firm client's account.
Automated Clearing House Electronic bill payment Â- Giro Wire transfer Â- Cheque Banking terms ...
Clearing House Automated Payment System. Chartist An individual who studies graphs and charts of historic data to find trends and predict trend reversals which include the observance of certain patterns and characteristics of the charts to derive ...
What is the Clearing House Automated Payment System What is the Clearing House Interbank Payment System What is a Closed Position ...
Automated Clearing House (ACH): An electronic network linking financial institutions for the purpose of facilitating electronic transfers of funds TOP B ...
What is the Clearing House Interbank Payments System? What is a Clearing Corporation? Category ...
Automated Clearing House (ACH) A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float.
The New York clearing house clearing system. (Clearing House Interbank Payment System). Most Euro transactions are cleared and settled through this system. Top Online Forex Brokers 1.
The recognised clearing house that operates Hong Kong's central securities clearing system (CCASS). H-Share The share of a Chinese enterprise listed directly on the Stock Exchange of Hong Kong.
ACH Acronym for Automatic Clearing House. A nationwide electronic funds transfer... acid-test ratio A test designed to determine whether or not a firm has enough short-term assets...
[FRB][FRBC][FRBM][FRBSF] automatic deposit automatic exercise Following option expiration, an option which is in-the-money by $100 or more is exercised automatically by the clearing house, ...
Advantage Futures - Advantage is a clearing member of the Chicago Mercantile Exchange, the Chicago Board of Trade, The London Clearing House, The Clearing Corporation as well as a non-clearing member of Eurex and Eurex-US.
CHIPS : See Clearing House Interbank Payments System. Classes of options : The types of options: calls and puts. Cleared Funds : Funds that are freely available, sent in to settle a trade.
Clearing memberA member firm of the 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.
Clearing House - A firm that guarantees the obligations of the parties in an exchange traded swap. Combination - When an investor holds a position in both call and put options on the same asset.
Efforts to avoid the problem include bilateral "netting" arrangements, extended hours for the FedWire system, and clearing houses. References: "Ghostbusters," The Economist, 3/16/96. . HH List Heavy Hitter List.
Quantità di denaro possono venire trasferite in due modi diversi: trasferimento via cavo o attraverso una Automated Clearing House (ACH).
Delivery priceThe price fixed by the Clearing house at which deliveries on futures are in invoiced; also the price at which the futures contract is settled when deliveries are made.
By the close of business Thursday, May 5, the margin when a position was initiated was $18,900; throughout the life of that trade, CMEGroup would expect $14,000 in maintenance margin would be kept at the clearing house.
Foreign exchange is an 'over the counter' (OTC) market, that means that there is no central exchange and clearing house where orders are matched.
In a zero-balance collection account, collected balances are transferred by Depository Transfer Check or automated clearing house debit from subsidiary accounts into a central Concentration Account bringing the collecting account to a zero balance ...
This means that there is no central regulatory authority such as an exchange or a clearing house and that trading takes place between two parties acting out of mutual trust.
Futures markets have been described as continuous auction markets and as clearing houses for the latest information about supply and demand.
Published on pink paper by the National Quotation Bureau (a unit of Commerce Clearing House), The Pink Sheets list stocks that are smaller, newer, ...
The daily price at which the clearing house settles all accounts between clearing members for each contract month. Settlement prices are used to determine both margin calls and invoice prices for deliveries.
One of two principal clearing houses for securities traded in the Euromarket. Euroclear specializes in verifying information supplied by two brokers in a securities transaction and the settlement of securities.
If you are unable to meet the margin call the exchange will sell your contract in order to cover its responsibility as a clearing house.
Delivery Notice - Notice from theclearing house of a seller's intention to deliver the physicalcommodity against his short futures positions; precedes and isdistinct from the warehouse receipt or shipping certificate, ...
Always remember there is no central clearing house in Forex. Most retail dealers are 'market-makers' although a few are ECNs. An Electronic Communications Network actually matches orders.
Following the events of 9/11, offshore banks, offshore tax havens, and clearing houses were frequently accused of providing the necessary funding for such acts.
CHIPS - abbreviation for the New York clearing house clearing system. Close - during this period all transactions at the end of trading session are considered made "at the close." CME - abbreviation for Chicago Mercantile Exchange.
Under this method, the transactions are cleared and settled through the clearing house. Usually those securities which are frequently traded and are usually in demand are cleared through the clearing house. 22. Client brokers ...
SETTLEMENT PRICE - The price at which the clearing house clears all transactions at the close of the day. SHAKEOUT - A healthy technical correction of an overbought situation, characterized by a comparatively short but sharp decline in prices.
The Tokyo stock exchange acts as it's own clearing house and trades are settled on a T+3 basis. Click here to visit our investment and finance blog ...
LCH.Clearnet Limited is the third party recognised clearing house that is the CCP to London Stock Exchange equity trades and EDX London derivatives Main Market ...
Settlement Price The official closing price for a future set by the clearing house at the end of each trading day. Settlement Risk Risk associated with the non settlement of the transaction by the counter party.
Federal Reserve Board Clearing House Funds Clearinghouse funds Money market instruments ...
As seen above, there are distinct advantages of trading in demat shares. Broker-members and the clearing houses of exchanges are connected with the two leading depositories National Securities Depository Ltd and the Central Depository Services Ltd.
The Foreign Exchange Market is an over-the-counter (OTC) market, which means that there is no central exchange and clearing house where orders are matched. With different levels of access, currencies are traded in different market makers: ...
Source: Reproduced with permission from State Tax Guide, published and copyrighted by Commerce Clearing House, Inc., 4025 W. Peterson Ave., Chicago, Illinois 60646. Reflects law through 01/01/10.
See also: Clearing, Exchange, Market, Trading, Future
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