Nonclearing Member

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.

Other Words for Member

Member Verb Synonyms: colleague, associate, fellow
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Membership Or A Seat On The Exchange

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

Member Short Sale Ratio

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

Member Services

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

Nonclearing Member

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

Nonmember Firm

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

Stressed Member

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

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