clearing member
21clearing firm — A firm approved to clear trades through CME Clearing. Class A clearing firms are approved to clear transactions for all commodities. See also clearing member. Chicago Mercantile Exchange Glossary …
22clearing bank — A bank which is a member of the London Clearing House • • • Main Entry: ↑bank clearing bank noun A bank that is a member of the London Bankers Clearing House, through which it makes credit and cheque transfers to and from other banks • • • Main… …
23clearing house — A body through which futures or commodity trading takes place. It monitors transactions and provides a system for financial settlement. For exchange contracts, namely, transactions conducted through clearing houses, the clearing house also acts… …
24clearing bank — a bank that is a member of the Committee of London and Scottish Clearing Bankers. Collins dictionary of law. W. J. Stewart. 2001. clearing bank …
25clearing bank — ➔ bank1 * * * A bank that is a member of a national cheque clearing system. To clear a cheque means to process it so that the payee receives its value. Such systems can also involve clearing financial orders and standardized payment… …
26clearing house — ► NOUN 1) a bankers establishment where cheques and bills from member banks are exchanged. 2) an agency which collects and distributes information …
27joint clearing member — Firms that clear on more than one exchange. Chicago Mercantile Exchange Glossary …
28Clearing House Automated Transfer System — The Clearing House Automated Transfer System, or CHATS, is a Real Time Gross Settlement (RTGS) system for the transfer of funds in Hong Kong. It is operated by Hong Kong Interbank Clearing Limited, a private company jointly owned by the Hong Kong …
29Clearing House Interbank Payments System — The Clearing House Interbank Payments System (CHIPS) is the main privately held clearing house for large value transactions in the United States, settling well over US$1 trillion a day in around 250,000 interbank payments. Together with the… …
30Clearing — Compensation La compensation (clearing en anglais) est un mécanisme permettant à des banques et des institutions financières, membres de la chambre de compensation, de régler les montants dus et de recevoir les actifs correspondants aux… …
