FT MarketWatch

Clearing corporation

An organization which works with the exchanges to handle Confirmation, Delivery and Settlement of Transaction. Such corporations Play a key role in ensuring that executed trades are settled within a specified period of time and in an efficient manner. also called Clearing firm or Clearing house.

Related Terms: 18 Action, Clear, Clearing, Call, Clearing firm, Confirmation, Delivery, Exchange, ECU, ECI, House, Play, Ratio, Ring, Settlement, Settle, Transaction, Trade
Other Related Pages: Category: Brokerages Starting With: C
Semi Related Terms: 562 CLICK HERE TO VIEW
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