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Joint clearing members |
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Joint clearing membersFirms that clear on more than one exchange.Joint clearing members Similar MatchesClearing House Automated Payments System (CHAPS)Clearing House Automated Payments System (CHAPS)A computerized clearing system for sterling funds that began operations in 1984. It includes 14 member banks, nearly 450 participating banks, and is one of the clearing companies within the structure of the Association for Payment Clearing Services (APACS). Clearing systemClearing systemAn arrangement among financial institutions for carrying out the transactions among them, including cancelling out offsetting credits and debits on the same account. Inter bank clearingInter bank clearingThe process of payment clearance between two banks. Cheque clearingCheque clearingA system which enables cheques to be transmitted between banks (and between branches) in order to transfer funds. 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 SuggestionsClearing House Interbank Payments System (CHIPS)Bankers Automated Clearing Services Automated Clearing House (ACH) London Clearing House Clearing House Electronic Subregister System (CHESS) credit clearing Market clearing Mortgage Backed Securities Clearing Corporation (MBSCC) National Securities Clearing Corporation (NSCC) Clearing house funds Clearing member Options Clearing Corporation (OCC) inter branch clearing Recognised Clearing House Clearing corporations clearing house National Securities Clearing Corporation clearing house interbank payment system Market clearing Clearinghouse Options Clearing Corporation Check clearing Nonclearing member clearing house automated payment system |
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