Options and FuturesFederal Housing Administration (FHA) Offset Fill-or-Kill Uncovered call writing Position Trading Nearby (Delivery) Month
Board of Trade Clearing Corporation
The Chicago Board of Trade relies on an independent corporation to settle all trades made within its walls. This corporation acts as a guarantor, ensuring that all trades cleared by it are accounted for. Each day, this corporation reconciles the accounts of all clearing member firms to ensure that all gains have been properly credited and all losses have been collected. Additionally, this corporation sets and adjusts clearing member firm margins to account for changing market conditions. This entity is often referred to as a clearing corporation or clearinghouse.
Related terms
Understand the meaning and definition of Federal Housing Administration (FHA) in the context of stock market, trading, and investments.
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MOREUnderstand the meaning and definition of Fill-or-Kill in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Uncovered call writing in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Position Trading in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Nearby (Delivery) Month in the context of stock market, trading, and investments.
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