The Clearing Corporation
Financial ServicesUnited States11-50 Employees
The Clearing Corporation (CCorp) is a United States–based financial services firm with roots dating to 1925, when it began as The Board of Trade Clearing Corporation, the first independent clearinghouse for futures markets in the country. Its core mandate is to preserve the financial integrity of futures and options contracts cleared on its markets. Over nearly a century, CCorp has evolved to meet the changing needs of the derivatives market and has established itself as an innovator and guarantor of exchange-traded futures and options. The firm continuously matches submitted trades during the day and, upon acceptance, becomes the counterparty to both sides, guaranteeing performance under its bylaws, rules, and procedures. Since its opening, there have been no customer losses due to a default by a clearing participant, underscoring its role in maintaining marketplace integrity. The company serves market participants involved in futures and options trading, providing a clearing service that manages counterparty risk.