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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 MatchesNational Securities Clearing CorporationNational Securities Clearing CorporationIn the US, facilitates trade processing, clearance, delivery and settlement of equities, and corporate and municipal bonds. NSCC is owned equally by the New York and American Stock Exchanges and the National Association of Securities Dealers. 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. Clearing House Electronic Subregister System (CHESS)Clearing House Electronic Subregister System (CHESS)CHESS is the automatic transfer and settlement system for the majority of Australian Stock Exchange (ASX) listed securities. London 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 fundsClearing house fundsFunds from the Federal Reserve System, requiring three days to clear, that are passed to and from banks. Further Suggestionsclearing house automated payment systemclearing house interbank payment system Clearing House Automated Payments System (CHAPS) inter bank clearing credit clearing Clearinghouse Clearing member cheque clearing Options Clearing Corporation (OCC) National Securities Clearing Corporation (NSCC) Clearing House Interbank Payments System (CHIPS) Clearing corporations Nonclearing member clearing house Mortgage Backed Securities Clearing Corporation (MBSCC) Bankers Automated Clearing Services Options Clearing Corporation inter branch clearing Automated Clearing House (ACH) Recognised Clearing House Clearing system Joint clearing members clearing |
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