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Dictionary
the clearinghouse
noun
Alternative spelling of clearing house
Exact(59)
The clearinghouse plan applies only to "standardized" derivatives.
Will that bank have received adequate collateral from the clearinghouse?
Now the London Stock Exchange is considering the clearinghouse, according to a statement on Friday.
But the clearinghouse decided to hold off, owing to uncertainty around the process.
Founded in the mid-1800s, thexchangege became the clearinghouse of choice for commodities.
If either side fails to meet its obligations, the clearinghouse steps in.
Some of the spokesmen noted that the bankers have expertise that helps the clearinghouse.
But under the clearinghouse regime, the banks will have to split up those gargantuan portfolios.
The clearinghouse allowed Indian companies to pay Iranian companies via the two countries' central banks.
This caps the risk to the clearinghouse by transferring it to the futures traders.
"Different people have different sensitivities," said Paul Stephens, director of policy and advocacy for the clearinghouse.
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