Options and FuturesFederal Reserve System Runners Liquid Purchase and Sell Statement Point-and-Figure Charts Time and Sales Ticker
Board of Trade Clearing Corporation
The Chicago Board of Trade relies on an independent corporation to settle all trades made within its walls. This corporation acts as a guarantor, ensuring that all trades cleared by it are accounted for. Each day, this corporation reconciles the accounts of all clearing member firms to ensure that all gains have been properly credited and all losses have been collected. Additionally, this corporation sets and adjusts clearing member firm margins to account for changing market conditions. This entity is often referred to as a clearing corporation or clearinghouse.
Related terms
Understand the meaning and definition of Federal Reserve System in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Runners in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Liquid in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Purchase and Sell Statement in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Point-and-Figure Charts in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Time and Sales Ticker in the context of stock market, trading, and investments.
MOREExplore other categories




