Clearing House
Revision as of 03:33, 21 April 2022 by Todd Price (talk | contribs) (Created page with "A Clearing House is a mediator between two firms (which may or may not know each other) that are engaged in a financial transaction (wherein one party is a buyer & another pa...")
A Clearing House is a mediator between two firms (which may or may not know each other) that are engaged in a financial transaction (wherein one party is a buyer & another party is seller in the said transaction), taking the exact opposite positions for each firm and ensuring that there is no risk of default in the transaction.