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 Glossary   >   M   >   "Member firm" Definition   

        Member firm

An investment firm which is a member of the Exchange and which may deal in securities on our market on behalf of its clients, or on behalf of the firm itself.

Used for listed equity securities. Brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership in the name of an employee and not of the firm itself.

A trading firm of brokers or market makers which is a member of the London Stock Exchange. Member firms may deal in shares on behalf of itself or on behalf of its clients.

Member firm


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Member firm - An investment firm which is a member of the Exchange and which may deal in securities on our market on behalf of its clients, or on behalf of the firm itself.

Used for listed equity securities. Brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership in the name of an employee and not of the firm itself.

A trading firm of brokers or market makers which is a member of the London Stock Exchange. Member firms may deal in shares on behalf of itself or on behalf of its clients.


Member firm : an investment firm which is a member of the exchange and which may deal in securities on our market on behalf of its clients, or on behalf of the firm itself.

used for listed equity securities. brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership in the name of an employee and not of the firm itself.

a trading firm of brokers or market makers which is a member of the london stock exchange. member firms may deal in shares on behalf of itself or on behalf of its clients.