Business / Finance / Nonclearing Member: An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations.
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Member Verb Synonyms: colleague, associate, fellow
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Business / Finance / Membership Or A Seat On The Exchange: A limited number of exchange positions that enable the holder to trade for the holder's own accounts and charge clients for the execution of trades for their accounts. Related: Member firm. MORE
Business / Finance / Member Short Sale Ratio: The total shares sold short by NYSE members divided by total short sales, which is used to analyze market expectations and bullish or bearish trends. MORE
Health / Health Insurance / Member Services: The department responsible for helping members with any problems, handling member grievances and complaints, tracking and reporting patterns of problems encountered, and enhancing the relationship bet MORE
Business / Finance / Nonclearing Member: An exchange member firm that is not able to clear transactions, and must pay another member firm to carry out its clearing operations. MORE
Business / Finance / Nonmember Firm: Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are m MORE
Technology / Motorcycle / Stressed Member: A component that is an integral part of the whole structure. A common motorcycle use of this term is when an engine is a stressed member of its frame. MORE