The Stock Clearing Corporation was established by the NYSE. The Stock Clearing Corporation was established by the NYSE.

Clearing House

1) stock-in-transit(bank charges) 10

to bank 10

2) stock-in-transit(invoice value) 80

to supplier 80

3) stock-in-transit(clearing charges) 20

income tax(if claimable) 10

to clearing agent 30

4) clearing agent 30

to bank 30

5) supplier 80

to bank 80

6) inventory(10+80+20) 110

to stock-in-transit 110

National Clearing Company of Pakistan Limited (NCCPL) is a significant institution of Pakistan's Capital Market providing clearing and settlement services to all three stock exchanges in the country.

Registered, United States based, stock brokers can become members of the New York Stock Exchange. They must obtain a Self Regulatory Organization and have a connection with a clearing firm.