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.
This change in the overall market value leader prompted me to re-run the worldâs 25 most valuable companies now and compare it the top 25 from our 2011 Forbes Global 2000 (published in March). The latest rollercoaster ride in global markets not only put Apple in the driverâs seat, but has shuffled the deck.