Clearing Member
A member of a clearing house attached to an exchange. If a firm is not a clearing member of the exchange, they must arrange to have transactions settled through a clearing member. foreign exchange trades and investments are typically executed through clearinghouses to provide both parties with guarantees of both payment and delivery.
Browse by Subjects
original margin
performance bond
Trading Arcade
See All Related Terms »

soft loan
unfunded debt
total current assets
Yen Carry Trade
net cash flow