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.
Monday 1 February 2016 19.24 EST Last modified on Thursday 25 May 2017 09.19 EDT. Google has become the worldâs most valuable listed company after announcing that its global revenues rose 13% to $75bn (Â£52bn) last year, and the groupâs tax rate fell to just 17%. The group took a record $1.9bn of revenues from its UK customers for the last three months of 2015, up 16% on 2014 â and all routed through its controversial tax structure in Ireland.