clearing agency

In addition, all types of product and service must be covered by clearing agencies of this kind.

Some areas have volunteer clearing agencies where people wishing to volunteer can register.

Its collapse also led to the bankruptcy of its clearing agency, the Adler Coleman Clearing Corporation.

Still, building a system that can enhance the information the clearing agency collects about fund orders as they move through its network will not be easy, cheap or quick.

Any trades received by a fund, its transfer agent or clearing agency after 4 p.m., Eastern time, would have to receive the price at the end of the next trading day.

A8 Afghan Aid Workers Killed Gunmen shot and killed 12 people, including seven Afghans working for the United Nations' mine clearing agency, in Herat province.

DTC is a member of the U.S. Federal Reserve System, and a registered clearing agency with the Securities and Exchange Commission.

The rule would require that orders be received by 4 p.m. at the fund company or its transfer agent - or, in an unexpected alternative, at "a clearing agency registered with the commission."

A clearing agency, the Delta Government Options Corporation, matches up the two sides, calling each side of a trade before executing it, thus allowing both sides to a trade to remain anonymous.

And the only clearing agency now registered is National Securities Clearing, a subsidiary of the Depository Trust and Clearing Corporation, an industry-owned behemoth that handles $917 trillion worth of financial transactions a year.

At that time it registered with the Commodity Futures Trading Commission as a Derivatives Clearing Organization and with the Securities and Exchange Commission as a Securities Clearing Agency.

If the reasons for the freeze cannot be rectified, then the security will generally be removed from DTC, and securities transactions in that security will no longer be eligible to be cleared at any registered clearing agency.

Regulation of Exchanges, Brokers-Dealers, Clearing Agencies and Transfer Agents Offers regulatory information for major securities market participants, including broker-dealers, self-regulatory organizations (such as stock exchanges, National Association of Securities Dealers, and clearing agencies), and transfer agents.