International Commodities Clearing House - ICCH

AAA

DEFINITION of 'International Commodities Clearing House - ICCH'

An international clearing house for futures markets around the world. Based in London, the ICCH maintains and organizes the daily duties of clearing futures contracts and guarantees the due fulfillment of transactions for its registered members.

INVESTOPEDIA EXPLAINS 'International Commodities Clearing House - ICCH'

While the ICCH is a worldwide operator, it primarily serves as the common clearing house for the future markets in Great Britain and Europe. The ICCH is owned by six British clearing banks and provides clearing and settlement facilities for international future markets.

RELATED TERMS
  1. Clearing

    The procedure by which an organization acts as an intermediary ...
  2. Clearing House

    An agency or separate corporation of a futures exchange responsible ...
  3. Commodity

    1. A basic good used in commerce that is interchangeable with ...
  4. Futures Market

    An auction market in which participants buy and sell commodity/future ...
  5. Delivery

    The action by which an underlying commodity, security, cash value, ...
  6. Commodities Exchange

    An entity, usually an incorporated non-profit association, that ...
Related Articles
  1. A Primer On The Forex Market
    Options & Futures

    A Primer On The Forex Market

  2. Forex: Wading Into The Currency Market
    Forex Education

    Forex: Wading Into The Currency Market

  3. An Introduction To Managed Futures
    Options & Futures

    An Introduction To Managed Futures

  4. Futures Fundamentals
    Insurance

    Futures Fundamentals

Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  3. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  4. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  5. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  6. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
Trading Center