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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 MatchesClear a positionClear a positionTo eliminate a long or short position, leaving no ownership or obligation. Clearing memberClearing memberA member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all members of the exchange, however, are members of the clearing organization. All trades of a non-clearing member must be registered with, and eventually settled through, a clearing member. Clear titleClear titleTitle to ownership that is untainted by any claims on the property or disputed interests, and therefore available for sale. This is usually checked through a title search by a title company. Nonclearing memberNonclearing memberAn exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations. Clearing houseClearing houseAn independent organisation, appointed by an exchange, which guarantees securities transactions. Further Suggestionsinter bank clearingMortgage Backed Securities Clearing Corporation (MBSCC) clearing house interbank payment system Options Clearing Corporation Clearing House Automated Payments System (CHAPS) cheque clearing London Clearing House clearing house automated payment system Automated Clearing House (ACH) Options Clearing Corporation (OCC) Joint clearing members Clearing House Interbank Payments System (CHIPS) Clearing House Electronic Subregister System (CHESS) Market clearing Clearing house funds British clearers credit clearing Clearinghouse Market clearing National Securities Clearing Corporation (NSCC) Clearing corporations Clear Title clearing inter branch clearing National Securities Clearing Corporation |
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