Options and FuturesFutures Commission Merchant Market Information Data Inquiry System (MIDIS) Gross National Product Butterfly Spread Uncovered call writing Open Outcry
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 Futures Commission Merchant in the context of stock market, trading, and investments.
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MOREUnderstand the meaning and definition of Gross National Product in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Butterfly Spread in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Uncovered call writing in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Open Outcry in the context of stock market, trading, and investments.
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