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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With C
  5. Clearing System

Clearing System

Definition of 'Clearing System'

A system for transferring bonds and cash between buyers and sellers. Transfers of bonds are usually made by book entry transfer.

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Related Terms

CHAPSCHIPSClearing HouseStock Exchange Electronic Trading SystemBACSClearing House Automated Payment SystemNet Margining SystemClearing BankClearing MemberMargin CallMatched Bargain Trading SystemSETSClearing House Interbank Payment SystemKassenvereinAccount Management Profile SystemAMPSAutomated Pit Trading (ATP) SystemClassical Tax SystemCRESTEMS

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