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Definition of Clearing member
A member firm of a clearing house. Each clearing member must also be a member of the
Firms that clear on more than one exchange.
A member who is paid a fee for executing orders for clearing members or their customers. A
A collection of 32 regional electronic interbank networks used to
A computerized clearing system for sterling funds
An international wire transfer system for high-value
An adjunct to a futures exchange through which transactions executed its floor are settled by a
Total demand for loans by borrowers equals total supply of loans from lenders. The market,
or a seat on the exchange A limited number of exchange positions that enable the holder to
A wholly owned subsidiary of the Midwest Stock
A banking clearinghouse that processes direct
Coverage that provides a lump-sum payment to you or your survivors if an accident results in the loss of a limb, paralysis or your death.
Provides additional financial security should an insured person be dismembered or lose the use of a limb as the result of an accident.
The Treasury and federal agencies are moving to a book-entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records at the
A not-for-profit corporation owned by its members. Its primary
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