- central clearing counterparty
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Central Clearing Counterparty (CCP)USASee clearinghouse, CCP.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
central clearing counterparty
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Central Counterparty Clearing — (CCC) is a process by which financial transactions in equities are cleared by a single (i.e., central ) counterparty. Please see Clearing (finance) for general information about clearing. This article contains specifics about the process as it… … Wikipedia
clearing house — A body through which futures or commodity trading takes place. It monitors transactions and provides a system for financial settlement. For exchange contracts, namely, transactions conducted through clearing houses, the clearing house also acts… … Law dictionary
Canadian Derivatives Clearing Corporation - CDCC — The central clearing counterparty for exchange traded derivative products, such as options and futures, in Canada. The Canadian Derivatives Clearing Corporation (CDCC) also acts as the clearinghouse for a growing range of over the counter… … Investment dictionary
central counterparty — (CCP) International Also known as clearing house. An entity that functions as a centralised repository for trades, typically in derivatives, which provides a guarantee that the trade will be fulfilled so that the parties engaging in derivatives… … Law dictionary
Central Counterparty — Als Central Counterparty (CCP; auch Zentraler Kontrahent oder Zentrale Gegenpartei) bezeichnet man ein Rechtssubjekt, das an Börsen und manchen OTC Derivaten Handelsplätzen als Vertragspartei zwischen Verkäufer und Käufer tritt. Die CCP ist dann… … Deutsch Wikipedia
Central counterparty — Als Central Counterparty (CCP; auch Zentraler Kontrahent oder Zentrale Gegenpartei) bezeichnet man ein Rechtssubjekt, das an Börsen als Vertragspartei zwischen Verkäufer und Käufer tritt. Die CCP ist dann Käufer für jeden Verkäufer, und Verkäufer … Deutsch Wikipedia
central counterparty — ( CCP) Euroclear Clearing and Settlement glossary An entity that is the buyer to every seller and the seller to every buyer of a specified set of contracts/obligation ( e.g. those executed on a particular exchange). Euroclear Clearing and… … Financial and business terms
Clearing (finance) — In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. Clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying… … Wikipedia
Clearing house (finance) — A clearing house is a financial institution that provides clearing and settlement services for financial and commodities derivatives and securities transactions. These transactions may be executed on a futures exchange or securities exchange, as… … Wikipedia
Clearing — Unter Clearing wird das Feststellen gegenseitiger Forderungen, Verbindlichkeiten und Lieferverpflichtungen verstanden.[1] Der Clearingprozess[2] beinhaltet die Übermittlung, Abstimmung und in einigen Fällen Bestätigung von Abschlüssen sowie… … Deutsch Wikipedia
