At the close of every trading day, the clearing house matches buy and sell contracts for the day.
"""former rules"", in relation to a former clearing house, means those rules, within the meaning of section 2 of the Stock Exchanges Unification Ordinance (Cap. 361), "
The lowest balance of funds that a clearing house or brokerage firm requires a counter-party, or the person on the other side of a deal to deposit when the trading is based on margin.
The stations’ operators act as clearing houses for text messages, reading important ones over the air for everyone to hear.
Shanghai clearing house, set up in Jan 1933, is first clearing house in China so it became a symbol of financial modernization.
a contract effected by a recognized clearing house for the purpose of realizing property provided as market collateral;
"a contract effected by a recognized clearing house for the purpose of realizing property provided as market collateral, or any disposition of property pursuant to such a contract;"
But the plumbing between bank payment systems and clearing houses remains fragmented.
the rules of a recognized clearing house relating to the settlement of a market contract;
Over the past year the clearing house asked for more margin on Portuguese and Irish bonds after their prices fell sharply.
"provide for the certification by the clearing house of any net sum referred to in paragraph (c) payable to the participant, or of any further net sum referred to in paragraph (d) payable by or to the participant, as the case may be, "
"it may, with the consent in writing of the Financial Secretary, by notice in the Gazette, declare a clearing house to be a recognized clearing house for the purposes of this Ordinance."
Subject to subsection (4), no provision of the former rules of a former clearing house shall have effect on or after the relevant day unless and until it is approved under section 4 (1).
Thee clearing house sends those checks to the Federal Reserve Bank's collection and clearing service .
This was intended to protect the clearing house by reducing the risks posed by Banks trading Italian government bonds, given the wild swings in their prices over the past few months.
a disposition of property in accordance with the rules of a recognized clearing house as to the application of property provided as market collateral;
A recognized clearing house which has made a report pursuant to subsection (1) shall supply the report to the Commission;
They have a bank clearing house in the middle of all the banks and everybody sends someone down there and they swap everything around.
central clearing house mechanism [staff redeployment]
Bucking a trend in the finance industry, clearing houses are still hiring staff, such as IT specialists and risk managers.
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