London Options Clearing House. A London-based clearinghouse. It is the central clearing counterparty for most exchange-traded futures and option contracts in the U.K. The relationships among the customer, the broker, and the clearing house are slightly different in the U.K. and the U.S., though the function of each is similar.

Acts as the clearing counterparty for the majority of the UK's exchange traded options and futures.

a long narrow inlet of the sea in Scotland (especially when it is nearly landlocked)

A kind of medicine to be taken by licking with the tongue; a lambative; a lincture.

Hole. Used to refer to a woman's privates.