Clearing house funds


 

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Clearing house funds

Funds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks.



Clearing house funds

Similar Matches

Market clearing

Market clearing

Total demand for loans by borrowers equals total supply of loans from lenders. The market, any market, clears at the equilibrium rate of interest or price.


London Clearing House

London Clearing House

The organisation founded in 1888 to clear sugar and coffee trades in London, originally known as the London Produce Clearing House. Once LCH has registered a trade, it becomes the buyer to every LCH Member who sells and seller to every LCH Member who buys, thereby guaranteeing that the financial obligations of trades are met.The LCH clears trades conducted on the International Petroleum Exchange (IPE), the London International Financial Futures Exchange (LIFFE) incorporating the London Commodity Exchange (LCE), the London Stock Exchange and the London Metal Exchange (LME). It is owned by the major UK clearing banks (Barclays, LloydsTSB, HSBC, NatWest, Royal Bank of Scotland and Standard Chartered) and is a Recognised Clearing House under the regulatory supervision of the Financial Services Authority (FSA).


Nonclearing member

Nonclearing member

An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations.


Clearing house

Clearing house

An independent organisation, appointed by an exchange, which guarantees securities transactions.


Clearing house automated payment system

Clearing house automated payment system

A computerised payment system for clearing cheques in the UK.


Further Suggestions

Clearing corporations
Clearing member
Clearing House Interbank Payments System (CHIPS)
Clearing House Automated Payments System (CHAPS)
Options Clearing Corporation (OCC)
cheque clearing
Automated Clearing House (ACH)
National Securities Clearing Corporation (NSCC)
credit clearing
clearing
clearing house interbank payment system
Market clearing
Clearing system
Recognised Clearing House
Mortgage Backed Securities Clearing Corporation (MBSCC)
National Securities Clearing Corporation
Joint clearing members
Clearinghouse
inter bank clearing
Check clearing
Clearing House Electronic Subregister System (CHESS)
Options Clearing Corporation
Bankers Automated Clearing Services
inter branch clearing


 
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