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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 Clearing House Payments Company L.L.C. (PayCo) is a U.S.-based limited liability company formed by Clearing House Association. PayCo is a private sector, payment system infrastructure that operates an electronic check clearing and settlement system (SVPCO), a clearing house, and a wholesale funds transfer system (CHIPS). [1]
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The Clearing House is a banking association and payments company owned by the largest commercial banks in the United States. The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments [1] through the RTP ...
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]
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The Clearing area quickly became a part of Chicago in 1915 when the growing population needed services provided by the city. It is bordered on the west by Harlem Avenue, on the east by railroad tracks just east of Cicero Ave., to the north by 59th street, and to the south by 65th street. The southern portion of Midway Airport is in Clearing.