... smaller; they don’t have the capital of a Morgan Stanley or a Goldman Sachs, so the Asian clearing houses can play a role in representing the financial standing and credit standing of their smaller ... maintain appropriate clearing and settlement accounts and adequate back -of ce installations.48 8.1.2.1.2 The Clearing Corporation In 1925, The Clearing Corporation (CCorp), then named The Board ... only allowed to clear their own transactions, Clearing Members can clear their own transactions, their clients’ transactions and those of affiliated exchange participants that not have a clearing...