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Glossary > N > "Nonmember firm" Definition

Nonmember firm

Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (N.Y.S.E.). Such firms execute their trades either through member firms, on regional exchanges where they are members, or in the third market.

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Nonmember firm - Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (N.Y.S.E.). Such firms execute their trades either through member firms, on regional exchanges where they are members, or in the third market.

Nonmember firm : used for listed equity securities. brokerage firm that is not a member of an organized exchange (n.y.s.e.). such firms execute their trades either through member firms, on regional exchanges where they are members, or in the third market.