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.
For the fi rst time, China is home to the worldâs three biggest companies; it also lands five of the top 10 spots. Methodology. The Global 2000 is a comprehensive ranking of the worldâs biggest public companies, as measured by a composite of revenues, profits, assets and market value. The Worlds Biggest Public Companies - Click Here. This article appeared in the Forbes India magazine issue of 13 June, 2014.