clearinghouses
Transaction processing hubs
Clearinghouses are institutions that process and settle transactions between parties.
In banking, a clearinghouse handles the exchange of checks and electronic payments between financial institutions.
In commodities and securities trading, clearinghouses guarantee transactions and manage risk between buyers and sellers.
The term extends to any organization that collects and distributes information: The website serves as a clearinghouse for consumer complaints.
Tradeable financial assets
- derivativesThings derived from another
- futuresContracts for future delivery
- optionsAvailable courses of action
- commoditiesTradeable raw materials
equities · bonds · swaps · contracts · NYSE · NASDAQ · exchange · traders
Systematic operation on data
- verificationProving something accurate
- validationConfirming truth or accuracy
- matchingIdentical in appearance
- routingPath selection process
batching · reconciliation · automation · workflow · standardization · messaging · SWIFT · electronic
Resolved dispute or colony
- nettingInterlaced open fabric
- reconciliationRestoration of friendly relations
- paymentFulfilling a financial obligation
- clearancePermitted passage or approval
disbursement · liquidation · balancing · remittance · margin · counterparty · wire transfer · interbank
Combined collection of items
- repositoryPlace for storing things
- registryOfficial record of entries
- databaseOrganized digital information collection
- directoryFile system container
index · catalog · referral · dissemination · matching · coordination · listings · resources
securities
Tradeable financial assets
- derivativesThings derived from another
- futuresContracts for future delivery
- optionsAvailable courses of action
commodities · equities · bonds · swaps · contracts · NYSE · NASDAQ · exchange · traders · brokers
processing
Systematic operation on data
- verificationProving something accurate
- validationConfirming truth or accuracy
- matchingIdentical in appearance
routing · batching · reconciliation · automation · workflow · standardization · messaging · SWIFT · electronic · real-time
settlement
Resolved dispute or colony
- nettingInterlaced open fabric
- reconciliationRestoration of friendly relations
- paymentFulfilling a financial obligation
clearance · disbursement · liquidation · balancing · remittance · margin · counterparty · wire transfer · interbank · funds transfer
aggregation
Combined collection of items
- repositoryPlace for storing things
- registryOfficial record of entries
- databaseOrganized digital information collection
directory · index · catalog · referral · dissemination · matching · coordination · listings · resources · central hub
- bankingbank, banks, ATM, ATMs, account
- Finance WorldWall Street, stock exchange, stock exchanges, banks, central banks
- commodities tradingcommodities, commodity markets, commodity prices, futures, futures contracts
- financial regulationscapital requirements, registration requirements, Dodd-Frank, recordkeeping, audit trails
- Futures Tradingfutures, futures contract, futures contracts, futures trading, futures exchange
- infrastructurehighways, road construction, railway expansion, power grid, roads