Clearing - definition of term

Maintaining records of mutual positions in the exchange of cash and securities between counterparties or among a group of participants and effecting orderly settlement of their obligations on a net basis.

The globalcustody.net Glossary features a definition of clearing - definition of term and the meanings or definitions of many more terms relating to Global Custody:

Clearing - equity finance
Clearing - overdraft reporting
Clearing - derivatives clearing
Clearing system
Clearing - clearing services
Clearing - overdraft facilities
Clearing - collateral management
Clearing - other cash financing

Clearing at Service Matrix:

http://www.globalcustody.net/perl/servicematrix.pl?servicejump=103,117,102&Country=default

Clearing in our glossary: terms and definitions

.  Be sure to use our resources to the full!  Just follow the link below:

Clearing at globalcustody.net