clearing house

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Related to Clearing Corporation: National Securities Clearing Corporation

clearing house

or

clearinghouse

n
1. (Banking & Finance) banking an institution where cheques and other commercial papers drawn on member banks are cancelled against each other so that only net balances are payable
2. a central agency for the collection and distribution of information or materials
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.clearing house - a central collection place where banks exchange checks or draftsclearing house - a central collection place where banks exchange checks or drafts; participants maintain an account against which credits or debits are posted
financial institution, financial organisation, financial organization - an institution (public or private) that collects funds (from the public or other institutions) and invests them in financial assets
Translations

clearing house

n (Fin) → camera di compensazione
References in periodicals archive ?
Three Northwest suburban residents studying business and finance at Roosevelt University have been selected for the university's prestigious Clearing Corporation Charitable Foundation Fellows Program.
National Stock Exchange of India Ltd (NSE), Indias leading stock exchange, along with National Securities Clearing Corporation Ltd (NSCCL), a wholly owned subsidiary of NSE and its Clearing Corporation, have been awarded the ISO 27001:2013 certification for their Information Security practices.
Dubai: The Dubai Commodities Clearing Corporation (DCCC) has become the first central counterparty (CCP) in the Middle East to join Euroclear's global Collateral Highway.
Summary: The Dubai Commodities Clearing Corporation (DCCC) has become the first central counterparty (CCP) in the Middle East to join the Euroclear's global Collateral Highway.
Gaurang Desai, Chief Operating Officer of the Dubai Commodities Clearing Corporation (DCCC), added, "At DCCC, it has been a constant endeavour to deepen our offerings and services to all our clearing members.
The Depository Trust & Clearing Corporation processed almost 24 million annuity transactions totaling nearly $79 billion in the first half of 2012, the company reported today.
Penson Worldwide Inc (NASDAQ:PNSN), a provider of clearing and related operational and technology services, transferred the correspondent and customer accounts of its US broker-dealer subsidiary Penson Financial Services Inc (PFSI) to Apex Clearing Corporation for about 94% ownership interest in Apex Clearing's parent company, it revealed on Tuesday.
US securities clearing and custody services provider The Depository Trust & Clearing Corporation, or DTCC, has acquired a 10% stake in Chilean peer The Deposito Central de Valores, or DCV, for an undisclosed sum, the companies said yesterday.
BANKING AND CREDIT NEWS-18 March 2010-CARE retains top rating on Clearing Corporation of India's preferred stock(C)1994-2010 M2 COMMUNICATIONS http://www.
As part of the deal, European Multilateral Clearing Facility will take a five percent stake in Nasdaq Clearing Corporation, formerly the Boston Stock Exchange Clearing Corporation, Associated Press said in a related report.
Morgan Chase and the Bank of New York), the Fixed Income Clearing Corporation, securities dealers, an interdealer broker, a custodian bank, a money market fund, The Bond Market Association, and the Investment Company Institute.
Ingber, General Manager, Fixed Income Clearance and Settlement, Fixed Income Clearing Corporation.