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.
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.
Clearing member