Clearing member: Difference between revisions

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in [[ETD]] world a clearer of exchange traded derivatives who is a direct member of an exchange, rather than some kind of lesser intermediate broker in the chain, or the client facing executing broker. An executing broker may of course also be a clearing member.
{{a|g|}}In [[ETD]] world a clearer of exchange traded derivatives who is a direct member of an exchange, rather than some kind of lesser intermediate broker in the chain, or the client facing executing broker. An executing broker may of course also be a clearing member.
 
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*[[FRANDT]] rules

Revision as of 10:51, 14 September 2020

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™


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In ETD world a clearer of exchange traded derivatives who is a direct member of an exchange, rather than some kind of lesser intermediate broker in the chain, or the client facing executing broker. An executing broker may of course also be a clearing member.

See also

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