clearing house

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  • noun

Words related to clearing house

a central collection place where banks exchange checks or drafts

References in periodicals archive ?
Made possible by the Clearing Corporation Charitable Foundation, which initially gave $262,136 to start and sustain the initiative, the Fellows Program recently received a $1.
Gaurang Desai, the 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 Bangladesh Securities and Exchange Commission (BSEC) is working to formulate the rules on formation of the Clearing Corporation by reviewing recommendations made by the committee.
NEW YORK & TORONTO -- Canadian Derivatives Clearing Corporation (CDCC) and New York Portfolio Clearing (NYPC) today announced the signing of a Memorandum of Understanding (MOU) to explore the development of a clearing link for the Canadian swap market to assist in meeting Canada's G20 commitment of clearing over-the-counter (OTC) derivatives by December 31st, 2012.
CHICAGO -- In light of recent market events and in response to related inquiries regarding the regulation of the credit default swap (CDS) market and the anticipated launch of a central clearing house for CDS transactions, The Clearing Corporation (TCC) today issued the following statement:
com), a leading interactive advertising agency that guides companies to winning business solutions for a digital age, announced today that The Depository Trust & Clearing Corporation (DTCC), the world's largest processor of stock and mutual fund transactions, has chosen the agency to lead a high-level consulting project focused on marketing process improvement.
CHICAGO & NEW YORK -- The Clearing Corporation (CCorp), and The Depository Trust & Clearing Corporation (DTCC) have signed an agreement that facilitates central counterparty services (CCP) for the over-the-counter (OTC) derivatives marketplace.
The financial firms and capital markets that we support around the world understand how critical the infrastructure is to bringing about greater efficiency, risk management and lower cost during a period when trading volumes are growing, when financial markets are increasingly looking to trade across national borders, and particularly at this time of acute market volatility," said Amarilis Prado Sardenberg, Chairman of CCP12, and Chief Operating Officer of the Brazilian Clearing Corporation and Depository (CBLC).
CHICAGO -- The Clearing Corporation (CCorp) today announced the completion of a corporate restructuring that results in ownership of CCorp by 17 stockholders, including 12 major global dealers, 3 leading inter-dealer brokers, Europe's largest derivatives exchange, and the foremost OTC service provider.
CHICAGO & SYDNEY, Australia -- The Clearing Corporation (TCC), the world's only independent derivatives clearinghouse, and the new Financial and Energy Exchange (FEX) for Asian-based derivative products located in Sydney Australia, today announced that they have entered into an agreement for TCC to provide clearing and settlement services for derivatives products traded on FEX.
NEW YORK -- The Depository Trust & Clearing Corporation's (DTCC) equities clearing corporation subsidiary processed a record 76.
NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) announced today the appointment of Michael C.
NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) today announced plans to launch its new Mutual Fund Profile Service database in July.
L) and member of the Chicago Sulfur Futures Exchange, and in the past has served on the Board of Directors of the Chicago Board of Trade and as Governor of the Chicago Board of Trade Clearing Corporation.
NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) announced today a significant reduction in the fee for using Networking, one of its primary services used by the mutual fund industry.