|Joint clearing members|
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Definition of Joint clearing members
Joint clearing members
Firms that clear on more than one exchange.
A collection of 32 regional electronic interbank networks used to
A banking clearinghouse that processes direct
A computerized clearing system for sterling funds
An adjunct to a futures exchange through which transactions executed its floor are settled by a
An international wire transfer system for high-value
A member firm of a clearing house. Each clearing member must also be a member of the
An agreement between two or more firms to share risk and financing responsibility in
the total of all costs (direct material, direct labor,
The cost of a production process that creates more than one product at the
One insurance policy that covers two lives, and generally provides for payment at the time of the first insured's death. It could also be structured to pay on second death basis for estate planning purposes.
a manufacturing process that simultaneously
A product that has the highest sales value from among a group of products
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
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