A clearing house is an intermediary between buyers and sellers of financial instruments. Further, it is an agency or separate corporation of a futures exchange responsible for settling trading accounts, clearing trades, collecting and maintaining margin monies, regulating delivery, and reporting trading data.
All the world's 10 most valuable companies, including Alphabet, Apple (AAPL) and Microsoft (MSFT), are based in the U.S., according to a USA TODAY analysis of data from S&P Capital IQ based on the S&P Global 1200 index. Alphabet's rise to No. 1 with a market value Tuesday of $554.8 billion is a historic moment.
Reuters. The brand management firm Interbrand today released its list of the 100 most valuable brands in the world, and there's a new sheriff in town. After 13 consecutive years at the top of the Interbrand 100, Coca-Cola has been replaced by Apple. The world's most popular soft drink wound up falling to No. 3 on the list. Apple's ascension was indicative of technology's dominance as the most valuable brand sector.