Summary of Fossil Evidence. Fossils are evidence of organisms that have existed. The fossils may consist of clues about the organism, such as its tracks or feces, or they may be a part of the organism, such as a bone or other body part.
A: A non-centrally cleared derivative is a bilateral derivative transaction that is not cleared by a central counterparty. This does not include any exchange traded derivatives, securities financing transactions, or derivatives that are cleared indirectly through a clearing member on behalf of a non-member client.
This allows the central clearing house to guarantee the performance of every transaction-and the security of every clearing memberâs customer. Benefits Â» Addition of OTC give up service with no change to current market practice. Â» Physically settled forward contract reflects the dominant product in the OTC market.