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Clearing, one of the 77 semi-official community areas, is located on the southwest side of the city of Chicago, Illinois. The southern portion of Chicago Midway International Airport is located within this community area.
Chicago Clearing Corporation (CCC) is a securities class action settlement claim filing service based in Chicago, Illinois.Started in 1993 to buy and sell coupons issued at the end of class action settlements, the company now employs more than 20 staff members.
The Options Clearing Corporation (OCC) was founded in 1973, initially as a clearing house for five listed markets for equity options. Prior to its establishment, due to a great deal of encouragement from the SEC, the Chicago Board Options Exchange had its clearing entity, the CBOE Clearing Corporation. [citation needed]
The Chicago Mercantile Exchange (CME), was founded in 1898 as a nonprofit corporation. [2] In 1919, it established its clearing house. [2] In 2000, CME demutualized (became a joint stock company). [2] In 2002, CME Group, the parent company of CME, became a public company via an initial public offering. [2]
Chicago is also divided into 77 community areas which were drawn by University of Chicago researchers in the late 1920s. [3] Chicago's community areas are well-defined, generally contain multiple neighborhoods, and depending on the neighborhood, less commonly used by residents. [2] [4]
Clearing, Chicago, a community area in Illinois, U.S. The Clearing (Ellison Bay, Wisconsin), also known as The Clearing Folk School; Clearing (telecommunications), the disconnecting of a call; Yarn clearing, in textile industry; Clearing, a practice in Scientology; Clearing, a process used by the UK's Universities and Colleges Admissions ...
OneChicago was a US-based all-electronic futures exchange with headquarters in Chicago, Illinois. [4] The exchange offered approximately 12,509 single-stock futures (SSF) products [5] with names such as IBM, Apple and Google.
On October 17, 2006, the Chicago Mercantile Exchange announced the purchase of the Chicago Board of Trade for $8 billion in stock, joining the two financial institutions as CME Group, Inc. On July 9, 2007, the announced merger with the Chicago Mercantile Exchange was approved by CBOT shareholders, "creating the largest derivatives market ever." [8]