A member of an exchange clearinghouse responsible for the financial commitments of its customers. All trades of a non-clearing member must be registered and eventually settled through a clearing member.
A member of an exchange clearinghouse, responsible for executing client trades and other financial commitments of customers.
A member of a clearinghouse or an association. All trades of a non-clearing member must be registered and eventually settled through a clearing member.
Trading participant with a clearing license. Only banks can become clearing members (clearing banks). Together with EEX AG they form the clearing house; after the conclusion of the transaction they place themselves between the buyer and the seller and assume the counterparty risk from the futures trades.
A clearinghouse member responsible for executing client trades. Clearing members also monitor the financial capability of their clients by requiring sufficient margins and position reports.
A member of a clearinghouse through whom all trades must be settled.
A member of a Clearing Organization. All trades of a non-clearing member must be processed and eventually settled through a clearing member.
A member of an exchange clearinghouse. Memberships in clearing organizations are usually held by companies. Clearing members are responsible for the financial commitments of customers that clear through their firm.
A member firm of a clearing house.