Meaning 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 terms such as Nonclearing member in Dictionary N.
- Definition Nonqualifying Annuity:
- Examples An annuity that does not fall under an IRS-approved pension plan. Contributions are made with after-tax dollars, but earnings can accumulate tax-deferred until withdrawal nonclearing member definition.
- Definition Net Income:
- Examples The company's total earnings, reflecting revenues adjusted for costs of doing business, depreciation, interest, taxes and other expenses nonclearing member explain.
- Definition Natural Logarithm:
- Examples Logarithm to the base e (approximately 2.7183 nonclearing member what is.
- Definition National Securities Clearing Corporation (NSCC):
- Examples A clearing corporation that facilitates the settlement of accounts among brokerage firms, exchanges, and other clearing corporations nonclearing member meaning.
- Definition Net Advantage To Merging:
- Examples The difference in total post- and pre-merger market value minus the cost of the merger nonclearing member abbreviation.
