The process in which a financial institution or other intermediary assists two counterparties in executing a Transaction. Clearing organizations are typically used in foreign exchange transactions and other types of trading to ensure smooth completion of transactions by buying from the seller and selling to the buyer, providing a trusted and established intermediary for both parties.
Browse by Subjects
clearing system
bank card
Options Clearing Corporation
support price
See All Related Terms »

Australian Future Fund
Options Prices Reporting Authority
Bank of Japan
VAT office