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ClearA market is said to clear if supply is equal to demand. Market clearing can be brought about by adjustment of the price (or the exchange rate, in the case of the exchange market), or by some form of government (or central bank) intervention in or regulation of the market.ClearTo settle a trade is settled out by the seller delivering securities and the buyer delivering funds in the proper form. A trade that does not clear is said to fail. Comparison of the details of a transaction between broke../../finance-glossary/dealers prior to settlement; final exchange of securities for cash on delivery.Clear Similar MatchesMortgage Backed Securities Clearing Corporation (MBSCC)Mortgage Backed Securities Clearing Corporation (MBSCC)"Founded" in 1979, MBSCC is the sole provider of automated post-trade comparison, netting, risk management and pool notification services to the mortgage-backed securities market. The organization is a registered clearing agency with the Securities and Exchange Commission and majority-owned by its members -- MBS dealers, inter-dealer brokers and other non-broker/dealers. MBSCC provides its specialized services to major market participants active in various Government National Mortgage Association (GNMA), Fannie Mae(FNMA) and Federal Home Loan Mortgage Corporation (FHLMC) MBS programs. Clear a positionClear a positionTo eliminate a long or short position, leaving no ownership or obligation. Automated Clearing House (ACH)Automated Clearing House (ACH)A collection of 32 regional electronic interbank networks used to process transactions electronically with a guaranteed one-day bank collection float. Clearing house automated payment systemClearing house automated payment systemA computerised payment system for clearing cheques in the UK. ClearingClearingThe process of moving payments between accounts from different banks or branches.A term used on futures and options exchanges which refers to the process of registration, settlement and provision of a guarantee of exchange traded transactions. Further SuggestionsClear titleBankers Automated Clearing Services Recognised Clearing House Market clearing Nonclearing member London Clearing House Options Clearing Corporation Clearing corporations Check clearing Joint clearing members Clearing system British clearers National Securities Clearing Corporation (NSCC) cheque clearing inter branch clearing Clear Title Clearing House Automated Payments System (CHAPS) Clearing member Clearinghouse Clearing house funds Options Clearing Corporation (OCC) clearing house interbank payment system National Securities Clearing Corporation Market clearing inter bank clearing |
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