Clearing house: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Redirected page to Clearing system
 
No edit summary
Line 1: Line 1:
#redirect[[Clearing system]]
A well-capitalised intermediary body that [[clearing|clears]] and settles transactions executed on [[exchange]]. The [[exchange]] is the place where you ''execute'' the trade; the [[clearing house]] is where you ''settle'' it. Most [[exchange]]s will have an associated [[clearing house]].
 
{{seealso}}
*[[Clearing]]
*[[Clearing system]] - similar thing, but more often used in connection witgh the settlement of [[Debt security|debt securtities]].

Revision as of 12:53, 25 March 2019

A well-capitalised intermediary body that clears and settles transactions executed on exchange. The exchange is the place where you execute the trade; the clearing house is where you settle it. Most exchanges will have an associated clearing house.

See also