central clearing counterparty

central clearing counterparty
Central Clearing Counterparty (CCP)
USA

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • 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

  • 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

  • Central Counterparty Clearing House - CCP — An organization that exists in various European countries that helps facilitate trading done in European derivatives and equities markets. These clearing houses are often operated by the major banks in the country. The house s prime… …   Investment dictionary

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