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.
Previous slide Next slide 1 of 21 View All Skip Ad. Apple may have the highest market cap of any company in the world â at least for now â but that doesn't make it the most valuable company in the world, according to Forbes.