Clearing On Options Exchanges
The Options Clearing Corporation is an example of a clearing house that functions for the purpose of clearing equity options and bond derivatives, in order to ensure the proper implementation of these instruments.
Read more about this topic: Clearing House (finance)
Famous quotes containing the words clearing on, clearing and/or exchanges:
“Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.”
—Henry David Thoreau (1817–1862)
“We should conserve evil just as we should conserve the forests. It is true that by thinning and clearing the forests the earth grew warmer.”
—Friedrich Nietzsche (1844–1900)
“When a girl marries, she exchanges the attentions of all the other men of her acquaintance for the inattention of just one.”
—Helen Rowland (1875–1950)