Clearinghouses

"Clearinghouses" in FinReg might become new carriers of systemic risk, argues Ilya Podolyako: "Now that clearinghouses have become ingrained into our official market framework, they are likely to become susceptible to the same business pressures that led other too-big-to-fail institutions to dance while the music is playing and not worry about what happens after.

Wonkbook: More jobs bills; Wall Street turns on Obama; the calorie information cometh 2010

Clearinghouses like this were developed to improve data discoverability, but most developers will tell you discoverability has never been the major obstacle -- Google searches generally do a great job unearthing data sources without centralized directories.

Patti Prairie: Open Data for Real People Patti Prairie 2011

Clearinghouses failed in France in 1974, Kuala Lumpur in 1984 and Hong Kong in 1987.

Pudd'nhead Wilson in Washington 2011

The Final Four Effect on the NBA draft. — “Clearinghouses are not a panacea” for derivatives.

Matthew Yglesias » Endgame 2010

Clearinghouses that serve as middlemen between buyers of derivatives, guaranteeing the trade and collecting cash as collateral, are one example.

'Too Big to Fail' Clearinghouse Hunt Jeffrey Sparshott 2012

Clearinghouses like this were developed to improve data discoverability, but most developers will tell you discoverability has never been the major obstacle -- Google searches generally do a great job unearthing data sources without centralized directories.

Patti Prairie: Open Data for Real People Patti Prairie 2011

Clearinghouses are entities that stand between buyers and sellers of securities, absorbing losses if either side can't fulfil the terms of a contract.

Clearing Sector Draws EU Scrutiny Matthew Dalton 2011

Clearinghouses operate in many financial markets and often serve a useful purpose.

Derivatives Rules on ICE 2011

Clearinghouses are jockeying to grab this new business before the new rules come into effect.

Clearing Sector Draws EU Scrutiny Matthew Dalton 2011

Clearinghouses sit in the middle of a transaction, assuming the counterparty risk involved when two parties trade.

Clearinghouse LCH Plans to Take Gold as Collateral Rhiannon Hoyle 2011