This hasn't been updated since August, but can still be used as a guide: Clearing Firms By Broker Here are the main clearing firms used by our reviewed brokers for US traded securities: Broker Clearing Firm E*TRADE: E*TRADE Clearing LLC eOption: Penson Financial Services, Inc. Fidelity: National Financial Services LLC (a subsidiary of Fidelity) Firstrade: Penson Financial Services, Inc. Interactive Brokers: self clearing Just2Trade: Legent Clearing LLC OptionsHouse: Penson Financial Services, Inc. optionsXpress: self clearing in the US, Penson in Canada Merrill Edge: Merrill Lynch Schwab: Charles Schwab Clearing Services Scottrade: self clearing ShareBuilder: Pershing LLC SogoTrade: Penson Financial Services, Inc. TD Ameritrade: TD Ameritrade Clearing, Inc. TradeKing: Penson Financial Services, Inc. Vanguard: self clearing WellsTrade: First Clearing, LLC (a subsidiary of Wells Fargo Advisors) Zecco: Penson Financial Services, Inc. http://www.onlinebrokerrev.com/2011/01/broker-clearing-firms.html