clearing houses
Financial transaction processors
Clearing houses are financial institutions that serve as intermediaries between buyers and sellers in transactions, particularly in securities and derivatives markets.
They verify trades, manage risk, and ensure both parties fulfill their obligations.
The term extends to any central agency that processes or distributes information, checks, or other items: The organization serves as a clearing house for research on infectious diseases.
Also spelled as one word: clearinghouse.
- transactionsExchanges of value
- wire transfersElectronic fund transmissions
- paymentsMoney given for obligations
- bankingFinancial institution transactions
- exchangesReciprocal transfers between parties
stock exchange · systemic risk · credit risk · trading · financial institutions · agencies · hubs · securities · finance · novation · liquidity · settlement · netting · back office · commodities · trading platforms · financial regulation · market makers
- financebank, CFO, banks, controller, finance
- Brokeragesstockbrokers, brokers, securities, commissions, brokerage fees
- securitiessecurities, shares, equities, bonds, stocks
- financial institutionsbanks, central bank, commercial banks, investment bank, investment banks
- corporate bankingcorporate finance, corporate loans, debt financing, cash management, credit lines