But most experts believe that more changes are needed to address all the problems in the clearing system.

It was kicked out of the central clearing system several times.

"We need to have them agree to our type of clearing system.

The reason: A highly computerized trade clearing system started in the early 1970's.

To do that, they said, would require more than just a major overhaul of its clearing system.

It is fundamental to an effective and reliable clearing system.

The Clearing System is designed to help people looking for an alternative place.

A unified clearing system gives you a better picture of what is going on in the system.

However, the clearing systems vary depending on the type of financial instrument traded.

It also has provision for mounting a mine clearing system under the nose of the vehicle.

For instance, the clearing systems in different countries have different settlement cycles.

Several clearing systems exist for futures and options on futures.

"While these marketplaces have become coordinated into one marketplace, the clearing system has not responded."

After the 1987 crash, a Presidential task force recommended unifying the separate clearing systems.

Big banks rely on forecasts to decide how to transfer checks through the clearing system.

It plans to trim its staff of 850 by 12 percent and petition the government to allow a paperless clearing system.

The clearing system is connected with the banks enabling payments to be received directly into bank accounts.

The Chicago markets have generally argued that more cooperation - not fundamental changes in the margin and clearing systems - is needed.

Nasdaq also plans to create a new clearing system to simplify cross-border transactions.

They started to question the high exposures they ran every day with the Midland in the clearing system.

Bankers automated clearing system payments happen when money is sent from one bank account to another electronically.

With the answers unclear, experts said that future problems in the clearing system could well tie up many market players in court.

Do all universities use the clearing system?

Thus, protection schemes must apply a very pragmatic and pessimistic approach to clearing system faults.

That's why I think our conclusions, and really our strongest one, is that we ought to have a unified clearing system.