Clearinghouse
Definition
An agency or separate corporation of a futures exchange that is responsible for settling trading accounts, clearing trades, collecting and maintaining margin monies, regulating delivery, and reporting trading data. Clearinghouses act as third parties to all futures and options contracts acting as a buyer to every clearing member seller and a seller to every clearing member buyer.
Related Terms Other terms related to 'Clearinghouse' starting with the letter 'C' Consumer Price Index CPI, Cost of Carry or Carry, Current Yield, Contract Month, Clearing Member
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