Meaning CLEARING MEMBER: A member firm of a clearing house. Each clearing member must also be a member of the exchange. Not all members 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 clearing member
More terms such as Clearing member in Dictionary C.
- Definition Comparison Universe:
- Examples A group of money managers of similar investment style used to assess relative performance of a portfolio manager clearing member definition.
- Definition Cash Flow From Operations:
- Examples cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as clearing member explain.
- Definition Conflict Between Bondholders And Stockholders:
- Examples stockholders may have interests in a corporation that conflict. Sources of conflict include dividends, distortion of investment, and underinvestment. Protective covenants in bond documents work to clearing member what is.
- Definition Confidence Level:
- Examples In risk analysis, the degree of assurance that a specified failure rate is not exceeded clearing member meaning.
- Definition Common Stock/Other Equity:
- Examples Value of outstanding common shares at par, plus accumulated retained earnings. Also called shareholders' equity clearing member abbreviation.
