A broker who specifically mediates the transactions between an investor and a clearing corporation. As with any other broker, a clearing broker would make sure that a transaction is completed fairly for both parties. Clearing brokers are also available to provide the investor or corporation with any information they may require regarding the transaction.
Related information about clearing broker:
- Clearing Broker Definition | Investopedia
A member of an exchange that acts as a liaison between an investor and a clearing corporation. A clearing broker helps to ensure that the trade is settled ...
- Central Counterparty Clearing - Wikipedia, the free encyclopedia
In the United States, there is a separation between the Clearing Broker and the Depository. This means that there will be multiple clearing brokers that have to ...
- What is a Clearing Broker?
A clearing broker is a financial professional who facilitates communication between an investor and a clearing corporation. The...
- What is clearing broker? definition and meaning
Definition of clearing broker: A broker who specifically mediates the transactions between an investor and a clearing corporation. As with any other broker, ...
- clearing broker - Municipal Securities Rulemaking Board
CLEARING BROKER – A broker-dealer that acts as clearing agent in connection with a municipal securities transaction. In addition to handling its own ...
- Clearing Broker: Definition from Answers.com
Clearing Broker A member of an exchange that acts as a liaison between an investor and a clearing corporation.
- Model B Clearing Agreements | eHow.com
Clearing agreements are divided into two categories -- bilateral trade agreements and clearing member trade agreements. Clearing member trade agreements ...
- clearing broker - Dictionary, translation, definition - Reverso
clearing broker translation french, English - French dictionary, meaning, see also 'clear',clear up',clear-out',clearly', example of use, definition, conjugation, ...