Clearing House Operations

About Clearing House Operations

A middleman between buyers and sellers of financial instruments is a clearing house. It is a department or independent business unit of a futures exchange that is in charge of clearing deals, collecting and managing margin funds, controlling delivery, and disclosing trading information.

Clearing house is used especially in capital market worldwide. Clearing house has gained immense popularity due to huge interest in capital markets by retail investors across the globe resulting in huge demand for certified professionals.

Why is Clearing House Operations important?

The clearing house serves as a middleman and offers the efficiency and security necessary for a financial market to be stable. A clearing house takes the opposing position on each trade in order to operate effectively, which significantly lowers the cost and risk of settling numerous transactions among several participants.

Clearing house certified professionals, executives and managers are in high demand in companies across the globe.

Who should take the Clearing House Operations Exam?

• Finance managers, executives and senior executives
  
• Specialist (Automated Clearing House Operations)
• Derivative Clearing Operations Director
• Manager, Enterprise Real Time Payment Operations
• Marketing Operations 
• Corporate Actions Senior Team Lead

Knowledge and Skills required for the Clearing House

Critical thinking and communication skills helps candidate to gain quick success for career in clearing house.

Clearing House Practice Exam Objectives

Clearing House exam focuses on assessing your skills and knowledge in concepts and application of Clearing House

Clearing House Practice Exam Pre-requisite

There are no prerequisites for the Clearing House exam. Candidates who are well versed  in capital market can easily clear the exam.

Clearing House Operations Certification Course Outline

1. Markets and participants
2. Risk mitigants
3. The basics of central clearing
4. Central counterparties
5. Regulation
6. Central counterparties – risk management
7. Risk Management
8. CCP analysis
9. Default fund methodologies

Exam Format and Information

Certification name – Certificate in Clearing House
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees  - INR 1199