clearing corporation
Definition
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 firm or clearing house.
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Mentioned in these terms
- National Securities Clearing Corporation
- Depository Trust and Clearing Corporation (DTCC)
- The Clearing Corporation
- fixed income clearing corporation (FICC)
- Mbs Clearing Corporation (Mbscc)
- Stock Clearing Corporation
- Government Securities Clearing Corporation
- Options Clearing Corporation
- depository trust and clearing corporation
