Clearing Organization

An entity through which futuresSee Futures Contract. and other derivativeA generic term often applied to a wide variety of financial instruments that derive their cash flows, transactions are cleared and settled. It is also charged with assuring the proper conduct of each contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder’s deliveryThe tender and receipt of the actual commodity, the cash value of the commodity, or of a delivery instrument procedures and the adequate financingFinancing: Those functions necessary to provide the financial resources to fund government operations of trading. A clearingThe procedure through which the clearing organization becomes the buyer to each seller of a futures organization may be a division of a particular exchangeWhen ownership of like-kind properties are transferred between two or more owners; can result in postponement, an adjunct or affiliate thereof, or a freestanding entity. Also calledAnother term for exercised when an option is a call. In the case of an option on a physical, the writer a clearing houseSee Clearing Organization., multilateral clearing organizationSee Clearing Organization., or clearing associationSee Clearing Organization.. See Derivatives Clearing OrganizationA clearing organization or similar entity that, in respect to a contract (1) enables each party to the.