CL-02 · Category
Clearing firms and custodians
Clearing firms settle trades and maintain records for themselves or for correspondent broker-dealers; custodians hold securities and related assets on behalf of clients. This category lists firms that perform these functions and shows each relationship only with its cited source.
Definition
Clearing firm: a broker-dealer that clears and settles transactions, either for its own customers (self-clearing) or for other broker-dealers under a clearing agreement (correspondent or fully disclosed clearing).
Custodian: an institution that holds securities and cash for safekeeping and handles settlement and asset servicing.
Category sponsor
Demo Custody Services Ltd. Sample
Sponsored profile — commercial placement does not alter source or methodology standards.
Sample content. All firms, figures and relationships on this page are fictional sample content for design review. No real firm is described.
Sample
Sample Securities Clearing Corp.
Clearing firm
New York, New York, United StatesOfficial source: FINRA BrokerCheck (official site, opens in a new tab)
Custody relationship
Placeholder Trust Company
Source: Public filing (sample citation), 2026-08-01
Public-source profile
Last reviewed
Sample
Demo Custody Services Ltd.
Custodian
Vancouver, British Columbia, CanadaOfficial source: CIRO (official site, opens in a new tab)
Clearing relationship
Sample Securities Clearing Corp.
Source: Firm-supplied, 2026-06-20
Directory listing
Last reviewed
Sample Sponsored profile
Example Capital Markets LLC
Broker-dealer · Investment-banking boutique
Chicago, Illinois, United StatesOfficial source: FINRA BrokerCheck (official site, opens in a new tab)
Clearing relationship
Example Clearing Services Corp.
Source: Firm-supplied, 2026-09-30
Directory listing
Last reviewed
Related research
Related research
R-2026-03
Sample report
How do broker-dealers disclose clearing arrangements?
Where clearing and custody relationships appear in public records, and how to read them.
Source index
Official sources
- FINRA BrokerCheck (official site, opens in a new tab)Registration, employment history and disclosures for FINRA-registered firms and individuals.
- SEC Investment Adviser Public Disclosure (IAPD) (official site, opens in a new tab)Investment adviser registration records and Form ADV filings.
- SEC EDGAR full-text search (official site, opens in a new tab)Public company and broker-dealer filings, including annual audited reports.
- NASAA: contact your state or provincial regulator (official site, opens in a new tab)Directory of state and provincial securities regulators.
- Canadian Investment Regulatory Organization (CIRO) (official site, opens in a new tab)Canadian investment dealer membership and regulatory information.