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.
Toyota retained its title as the world's most valuable car brand in a new ranking, holding off BMW and Mercedes-Benz. Tesla, meanwhile, entered the top 10 for the first time, indicating the rising challenge traditional automakers face from industry disruptors. Toyotaâs brand value rose 2 percent to $29.5 billion, according to the BrandZ Top 100 Most Valuable Global Brands study released today by market researcher Millward Brown.