Clearing Broker

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Definition: Clearing Broker

Clearing Broker
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Full Definition of Clearing Broker

A broker who specifically mediates the transactions between an investor and a clearing corporation. As with any other broker, a clearing broker would make sure that a transaction is completed fairly for both parties. Clearing brokers are also available to provide the investor or corporation with any information they may require regarding the transaction.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/clearing-broker/
Modern Language Association (MLA):
Clearing Broker. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 18, 2024 https://payrollheaven.com/define/clearing-broker/.
Chicago Manual of Style (CMS):
Clearing Broker. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/clearing-broker/ (accessed: April 18, 2024).
American Psychological Association (APA):
Clearing Broker. PayrollHeaven.com. Retrieved April 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/clearing-broker/

Definition Sources

Definitions for Clearing Broker are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.