clearing-houses

The stations' operators act as clearing houses for text messages, reading important ones over the air for everyone to hear.

So between the local and Federal Reserve clearing houses, checks drawn on any bank in the country can be easily processed .

A substantial portion of over-the-counter derivatives trading may be moved into clearing houses or exchanges.

The amount of counterparty risk in the system will be reduced greatly by central clearing-houses for credit-default swaps.

A bid by the European Central Bank to force clearing houses settling trades in euros to locate in the euro zone is one such threat.

Yet clearing houses withstood the impact of the 2001 terror attacks on the US and, arguably their biggest test so far, the 2008 crisis.

eg. This Ordinance may be cited as the Securities (Clearing Houses) Ordinance.

Many derivatives contracts will be brought into the light by being put through clearing houses and exchanges.

Sensible regulations are in the works in the US and Europe to increase transparency and force contracts through clearing houses.

The same banks may end up controlling or atleast dominating the clearing houses they are being pressed to trade on as well.

He also called for more transparency, and supported clearing houses for "eligible derivatives" .

Trading must also be placed in clearing houses or exchanges.

But the plumbing between bank payment systems and clearing houses remains fragmented.

The proposal to route derivatives trading via clearing houses is sensible.

Bucking a trend in the finance industry, clearing houses are still hiring staff, such as IT specialists and risk managers.

These will force most derivatives into clearing-houses.

Domestic trade is also conducted in the main by crossing off checks and other claims against each other through clearing houses.

In order to provide security and isolation of customers, many vendors running clearing houses provide separate paths for each customer.

Margins are bigger in derivatives, especially for those with their own clearing houses.

Under the Dodd-Frank bill, the clearing houses were given broad authority.

That might yet apply to the clearing houses.

There are, for instance, already plans for clearing houses for CDSs.

But he adds: "I am not convinced that is sufficiently recognised by clearing houses or standard-setters. "

the movement of virtually all trades into organised clearing houses or exchanges;

Clearing-houses are meant to solve problems in derivatives markets. They create them, too

And using the margin limits set by clearing houses can also be controversial;

Some automated clearing houses will be established in the cities of the future