clearing organization
- An institution that clears and settles futures and other derivative transactions and ensures adequate contract delivery procedures and financing of trading, which might be associated with an exchange or independent entity.
- The plans for the risky trade were set, pending approval from the clearing organization.
- The clearing organization was instrumental in ensuring the swift and seamless delivery of the contract's procedures.
- The new investment firm established its own clearing organization to manage future trades.
Provide Feedback