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.

Understand the meaning and definition of Commodity Futures Trading Commission (CFTC) in the context of stock market, trading, and investments.

High

Understand the meaning and definition of High in the context of stock market, trading, and investments.

Underlying security

Understand the meaning and definition of Underlying security in the context of stock market, trading, and investments.

Offer

Understand the meaning and definition of Offer in the context of stock market, trading, and investments.

Pulpit

Understand the meaning and definition of Pulpit in the context of stock market, trading, and investments.

Crop (Marketing) Year

Understand the meaning and definition of Crop (Marketing) Year in the context of stock market, trading, and investments.

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