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Market clearing |
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Market clearingEquality of supply and demand. A market-clearing condition is an equation (or other representation) stating that supply equals demand.Market clearingTotal 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.Market clearing Similar MatchesLondon Clearing HouseLondon Clearing HouseThe 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). Clearing house interbank payment systemClearing house interbank payment systemA computerised payment system for clearing cheques in New York. Check clearingCheck clearingThe movement of a check from the depository institution at which it was deposited back to the institution on which it was written; the movement of funds in the opposite direction and the corresponding credit and debit to the involved accounts. The Federal Reserve operates a nationwide check-clearing system. Inter bank clearingInter bank clearingThe process of payment clearance between two banks. Credit clearingCredit clearingA system for the distribution of bank giro credits and other credits between banks to enable funds to be transferred into specified accounts. Further SuggestionsMortgage Backed Securities Clearing Corporation (MBSCC)cheque clearing Clearing member National Securities Clearing Corporation (NSCC) inter branch clearing clearing house automated payment system Clearinghouse Options Clearing Corporation (OCC) Clearing house funds Recognised Clearing House Clearing House Interbank Payments System (CHIPS) Clearing House Automated Payments System (CHAPS) Automated Clearing House (ACH) clearing house Clearing corporations Bankers Automated Clearing Services Options Clearing Corporation Clearing House Electronic Subregister System (CHESS) clearing Clearing system Joint clearing members Nonclearing member National Securities Clearing Corporation |
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