clearing transactions
51Fixed Income Clearing Corporation (FICC) — An agency that deals with the confirmation, settlement and delivery of fixed income assets in the U.S. The agency ensures the systematic and efficient settlement of U.S. Government securities and mortgage backed security transactions in the… …
52Eurex Clearing — est un acteur principal au monde dans le domaine de la compensation de marchés. Cette plateforme de compensation est détenue à parts égales par la Deutsche Börse AG, et la SIX Swiss Exchange AG [1]. Avec 114 adhérents dans 10 pays européen et 2,3 …
53Automated Clearing House - ACH — An electronic funds transfer system run by the National Automated Clearing House Association. This payment system deals with payroll, direct deposit, tax refunds, consumer bills, tax payments and many more payment services. The use of electronic… …
54Government Securities Clearing Corporation - GSCC — A division of the U.S. Fixed Income Clearing Corporation (FICC). The GSCC was first established in 1986 to provide clearing and settlement of U.S. government securities. The GSCC handles both new issues and reselling of government securities. The …
55National Securities Clearing Corporation - NSCC — A subsidiary of the DTCC that provides centralized clearing, information, and settlement services to the financial industry. The NSCC and DTC play a major part in the settlement and clearing of securities transactions. They are the largest… …
56Depository Trust and Clearing Corporation — ( DTCC) The Depository Trust and Clearing Corporation ( DTCC), through its subsidiaries ( subsidiary), provides post trade clearance, settlement, custody and information services for equities ( equity), corporate and municipal debt, money market… …
57Non-Clearing Members — ( NCM) Members who may make transactions in LIFFE contracts only if he has entered into a standard clearing agreement with a general clearing member, unless the Board otherwise prescribes. Otherwise he is able to transact such business only as a… …
58back-to-back transactions — A chain of securities transactions among three or more parties involving the purchase and sale of a single security, for settlement on a single date. The most simple back to back trade is a pair of transactions in which one party agrees to… …
59automated clearing house — noun A nationwide electronic funds transfer system that provides for inter bank clearing of electronic payments, such as credit card transactions. An ACH transaction is an electronic fund transfer through the Federal Reserve Bank from a checking… …
60Individual Clearing Member — member of a clearing house who is authorized to clear his own transactions and those of his customers but not those of floor brokers (Finance) …
