Clearing Organization: An entity through which futures and other derivative transactions are cleared and settled.
A clearing organization that acts as both the issuer and guarantor for option and futures contracts.
Options Contract
One options contract represents one hundred shares in the underlying stock. The quoted price of an option is per share.
Derivatives Clearing Organization: A clearing organization or similar entity that, in respect to a contract (1) enables each party to the contract to substitute, through novation or otherwise, ...
A member of a Clearing Organization. All trades of a non-clearing member must be processed and eventually settled through a clearing member.
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Clearing ...
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.
National Securities Clearing Corporation Abbreviated as NSCC, refers to the securities clearing organization owned jointly...
A clearing organization is also charged with the proper conduct of delivery procedures and the adequate financing of the entire operation. Clearing memberA member firm of the Clearing House.
Foreign Currency Inter-bank Exchange (FOREX) instruments are Positions (Buys and/or Sell) between the Client and its Counterparty and, unlike exchange-traded foreign exchange instruments which are, in effect, guaranteed by a clearing organization ...
Once a closing bell signals the end of a day's trading, the exchange's clearing organization matches each purchase made that day with its corresponding sale and tallies each member firm's gains or losses based on that day's price changes--a massive ...
The daily price at which the clearing organization clears all trades and settles all accounts between clearing members of each contract month. Settlement prices are used to determine both margin calls and invoice prices for deliveries.
Clearing Member: A member of an exchange clearinghouse. Memberships in clearing organizations are usually held by companies. Clearing members are responsible for the financial commitments of customers that clear through their firm.
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. A clearing organization is also charged with the proper conduct of delivery procedures and ...
Variation margin is paid by clearing members on a daily or intraday basis in order to reduce the exposure created by carrying highly risky positions. By demanding variation margin from its members, clearing organizations are able to maintain a ...
A small computer terminal used by floor brokers or traders on a board of trade to record trade information and transmit that information to the clearing organization.
Hearing ...
Variation Margin: Payment made on a daily or intraday basis by a clearing member to the clearing organization based on adverse price movement in positions carried by the clearing member, ...
 See also: Clearing, Contract, Futures, Future, Futures contract
  
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