An organization that manages the clearing for an Exchange
Detail
Every Exchange appoints a Clearing House to manage the clearing of trades executed on the Exchange
Bigger Exchanges may own their own Clearing House - others may appoint a large Clearing House to act for them
For most settlement and financial purposes the Clearing House (or a Clearing Broker acting for us) is the settlement and financial counterparty to futures, swaps and spot trades executed on the Exchange
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