An organization which works with the exchanges to handle confirmation, delivery and settlement of transactions. 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 corporation or clearing house.
Related information about clearing firm:
- Clearing house (finance) - Wikipedia, the free encyclopedia
In the event of a settlement failure, the clearing firm may be declared to be in default and clearing house default procedures may be utilized, which may include ...
- What is clearing firm? definition and meaning
Definition of clearing firm: An organization which works with the exchanges to handle confirmation, delivery and settlement of transactions. Such corporations ...
- How to Understand How a Clearing Firm Works | eHow.com
How to Understand How a Clearing Firm Works. A financial Clearing Firm, also called Clearing House, is a financial organization that handles trades, settlement ...
- Clearing Firms
Clearing Firm, CME, CBOT, NYMEX, COMEX, IRS, CDS. ABN AMRO Clearing Chicago LLC · ADM Investor Services, Inc. Advantage Futures, LLC ...
- a changing landscape - Pershing LLC
Jul 13, 2009 ... Clearing firm. Rank Broker-dealer. Clearing firm. 22. John Hancock Financial. National Financial. Network/Signator Investors Inc. Services LLC ...
- Clearing Firm - Financial Dictionary - The Free Dictionary
An agency or corporation on an exchange that settles transactions for a fee. Most exchanges have one or more clearing corporations that are charged with ...
- Online Broker Review: Broker Clearing Firms
What does a clearing firm do? ... Does it matter which clearing firm my broker uses? ... The primary duty of a clearing firm is to handle back office tasks such as ...
- Clearing firm - MarketsWiki, A Commonwealth of Market Knowledge
Sep 10, 2012 ... Clearing firm. From MarketsWiki. Jump to: navigation, search. Page sponsor.gif · Become sponsor.gif · Admis logo.png · Individual Trader ...