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.
After that, it's a long road before Tesla could top the number one car company. Toyota's market value is $160 billion. But Musk might not even be satisfied if Tesla gets to that level. Two years ago, he boldly predicted that Tesla could one day be worth as much as Apple . Apple was worth $700 billion at the time and is now worth about $750 billion. Musk will have to sell a lot of Model 3s and solar roofs to get there.