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An agency or separate corporation of a futures exchange responsible for settling trading accounts, clearing trades, collecting and maintaining margin monies, regulating delivery and reporting trading data. Clearing houses act as third parties to all futures and options contracts - as a buyer to every clearing member seller and a seller to every clearing member buyer.

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Q: What is Deposit Clearing House?
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Related questions

What is clearing house?

i asked what is clearing house and how does it work.


How do I deposit checks and cash if I have an online checking account?

You use the automated clearing house (ACH) system. Your employer can direct-deposit your earnings into your online account, and you can access them using a debit card provided by the online bank.


What is the actual purpose of a clearing house?

There is one actual purpose of a clearing house. A clearing house stands between two clearing firms and reduces the risk of a clearing firm failing to honor its trade settlement obligations.


When was Publishers Clearing House created?

Publishers Clearing House was created in 1953.


Inward clearing zone?

Inward clearing is a banking term .each bank uses one common clearing house.for eg XYZ bank customer wants to give the check to abc bank customer .so abc bank customer will deposit that check into his bank.then abc bank will send that check to clearing house for clearing .then clearing house will send that check to xyz bank for customer sign verification.xyz bank will do the sign verification and it will debit check amount from that customer account.so that check will be inward for XYZ and outward for ABC.


Is david sawyer ceo of publishers clearing house?

No, David Sawyer is not the CEO of Publishers Clearing House. As of my last update, the CEO of Publishers Clearing House is Mark Goodridge.


How many clearing House in Bangladesh?

There are thousands clearing houses in Bangladesh.


What is fcc as custodian?

First Clearing LLC, is the clearing house for your IRA.


What is an automated clearing house?

An automated clearing house is an electronic funds transfer system which allows for inter-bank clearing of electronic payments, such as credit card transactions.


How can someone perform a bank ACH transfer?

ACH stands for Automated Clearing House. One can perform a bank ACH transfer by direct-deposit payroll payments and payments to contractors and vendors.


Is publishers clearing house real?

no


What state does publishers clearing house headquarters reside?

Publishers Clearing House is headquartered in Jericho, New York.