See Also: Non-clearing member(finance)
Clearing member(money)
Clearing Member Trade Agreement (CMTA)(money)
Tight money or dear money(finance)
member(dictionary)
member(2)(dictionary)
member(1)(dictionary)
MEMBER(law)
Member(medicine)
non-member(dictionary)

Clearing member (money)


Definition: [crh] A member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all membDefinition: ers of the exchange, however, are members of the clearing organization. All trades of a non-clearing member must be registered with, and eventually settled through, a cleariDefinition: ng member.