The history of a member Firm that establishes certain norms in respect of its Investment practice.
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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.
Mergers ...
Member Firm
A partnership or corporation whose partners or officers are members of a security exchange, clearing firm, or self-regulatory organization.
Member firm - A securities brokerage firm organized as a partnership and having at least one general partner or employee who is a member of the New York Stock Exchange.
Member Firm - A partnership or corporation that owns a membership on an exchange.
Merger - The combination of two or more companies into one through the exchange of stock.
Nonmember firm
Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, or on regional exchanges where they are members, or in the third market.
Member Firm
A member firm is a trading firm which has membership of the stock exchange.The firm is permitted to deal in shares on behalf of its clients or on behalf of the firm itself.
Market order ...
Member Firm
Enbridge Energy Management L
Limited Partnership
Blind Pool (business term) ...
Member firm
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 member firm of the 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.
FINRA member firms that act as securities dealers or brokers, or perform both functions.
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Clearing ...
The NASD member firms that use their own capital, research, retail and/or systems resources to represent a stock and compete with each other to buy and sell the stocks they represent. There are over 500 member firms that act as Nasdaq Market Makers.
An employee of a member firm of an organized securities exchange who transacts orders for the firm or its customers on the exchange floor. Orders flow to the commission broker from the firm's trading desk or from its registered representatives.
[OTS] Account Management Profile System (AMPS) Provides access to information helpful to the NYSE staff in managing day-to-day relationships with listed companies, member firms, and institutions.
net capital requirement The SEC's requirement that member firms and non-member securities broker/dealers... net cash flow A measure of a firm's financial health, which is calculated by the following:...
Allows members of the public to obtain certain types of disciplinary and registration information regarding member firms and associated persons. NASD Rules
The numbered rules set forth in the NASD Manual beginning with the Rule 0100 Series.
After Hours Any trade posting, adjusting, or changes made by specialists or member firm after the official close of the market.
All or None A type of order issued to a broker by a buyer or seller to fill the order completely or not at all.
Specialist On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock. Only one specialist can be designated for a given stock, but dealers may be specialists for several stocks.
Market Makers The exchange member firms that use their own capital to represent a stock and compete with each other to buy and sell the stocks they represent. There are over 500 member firms that act as NASDAQ market makers.
Specialist - On an exchange, the member firm that is designated as the market maker (or dealer for a listed common stock). Member of a stock exchange who maintains a "fair and orderly market" in one or more securities.
Large Order Execution (LOX) Procedures: Rules in place at the Chicago Mercantile Exchange that authorize a member firm that receives a large order from an initiating party to solicit counterparty interest off the exchange floor prior to open ...
Rules in place at the Chicago Mercantile Exchange that authorize a member firm that receives a large order from an initiating party to solicit counterparty interest off the exchange floor prior to open execution of the order in the pit and that ...
An independent person appointed by a Member Firm who could ensure strict compliance of all CSE's rules and regulations in an effective and efficient manner.
During the mid-90's, Bankers Trust tried to market to the public via member firms, an annuity product which used interest rate derivatives to insulate the equity buckets from market fluctuation.
SIFMA member firms (including investment banks, broker-dealers, and mutual fund companies) are active in all U.S. and foreign markets and in all phases of corporate and public finance. The U.S.
In October 2008, SIFMA laid off over 25% of its staff in the United States due to the "industry upheaval" which left its member firms in financial straits, and the loss of three of it primary member firms-Lehman Brothers, Bear Stearns, ...
The BOTCC acts as a guarantor for all trades cleared by it, reconciles all clearing member firm accounts each day to ensure that all gains have been credited and all losses have been collected, ...
Board of Trade Clearing Corporation: An independent corporation that settles all trades made at the Chicago Board of Trade acting as a guarantor for all trades cleared by it, reconciles all clearing member firm accounts each day to ensure that all ...
A member firm is a company or individual who owns or leases a "seat". Only these member firms are allowed to buy and sell securities on the trading floor. The member firms must must meet rigorous professional standards set by the Exchange.
Financial and operations principal: Person in a NASD-member firm who is responsible for the financial reports of the firm, keeping of books and records, supervision of back office operations, and compliance with financial responsibility rules, ...
Operating divisions of the NYSE are broken down as follows: member firm regulation and surveillance; market operations; financial and office services; product development and planning; and market services and customer relations.
Original Margin: Term applied to the initial deposit of margin money each clearing member firm is required to make according to clearing organization rules based upon positions carried, determined separately for customer and proprietary positions; ...
The SIPC is funded by assessments on member firms. The SIPC insures customers for up to $500,000 of cash and securities on deposit with a member firm. Of the $500,000, no more than $100,000 may be cash on deposit with the member.
Ring dealer
LME category one member firms that have the exclusive right to deal on the market floor.
Free LME Market Data
ACCESS FREE MARKET DATA
Access the LME's free market data service. Click here to sign up ...
Stock Exchanges Medallion Program (SEMP) whose participants include the regional stock exchange member firms, and clearing and trust companies.
New York Stock Exchange Medallion Signature Program (MSP) whose participants include NYSE member firms.
A market order on the NYSE that is stopped from being executed by the specialist because of a request from a member firm to obtain a better price than that available.
RSP
Retail Service Provider. An exchange member firm which is obliged to offer to buy and sell securities in which it is registered.
S&P 500
Standard and Poor's index of the top 500 companies quoted on the New York Stock Exchange.
Once a closing bell signals the end of a day's trading, the exchange's clearing organization matches each purchase made that day with its corresponding sale and tallies each member firm's gains or losses based on that day's price changes--a massive ...
On the London Stock Exchange (LSE) there are official market makers for many securities (but not for shares in the largest and most heavily traded companies, which instead use an automated system SETS.) Some of the LSE's member firms take on the ...
Members Firms of Markets
Member firms of markets are investment service providers ("entreprises d'investissement" or "établissements de crédit") licensed to trade in securities and/or clear securities transactions.
Are stocks and bonds held in individual accounts at a NYSE member firm, Such as Bear Stearns safe from he creditors of that company should it go bankrupt?
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The NYSE has operating divisions that are concerned with market operations, member firm regulation and surveillance, finance and office services, product development and planning, and customer relations.
Out of that 2,000, the NFA has only 24 registered member firms! If you do the math, that's just 1% of all forex brokerages! ...
A firm that is a member of an exchange but that is not able to clear transactions itself. Nonclearing member firms pay another firm to clear their trades.
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Non-Member Traders ...
A call from a brokerage firm to a customer to bring margin deposits back up to minimum levels required by exchange regulations; similarly, a request by the clearing house to a clearing member firm to make additional deposits to bring clearing margins ...
Someone licensed by the National Association of Securities Dealers to execute stock orders. Stockbrokers must pass the Series 7 examination and be employed by NASD member firms.
strike price
The price at which an option can be exercised.
Begun in 1997 by central banks and major institutional traders worldwide, the goal of CLS is to guarantee intra-day settlement for its member firms and their customers. Its higher purpose is to eliminate settlement risk and maintain market liquidity.
There are more than 800 member firms that act as NASD Market Makers. Market makers aid in the liquidity of stocks, especially when Funds want to buy or sell large blocks of stocks.
Both the Toronto Stock Exchange and TSX Venture Exchange have trading hours of 9:30 a.m. to 4:00 p.m. ET, Monday through Friday. There is also an extended session for Participating Organizations and Member Firms that extend from 4:10 to 5:00 p.m.
Financial Analysis Auditing Compliance Tracking System (FACTS): The National Futures Association's computerized system of maintaining financial records of its member firms and monitoring their financial conditions.
Not all brokerage firms accept letters of guarantee. Also: letter issued to O.C.C. by member firms covering a guarantee of any trades made by one of its customers, (a trader or broker on the exchange floor).
On October 16, 2002 the Member Firms of the New Zealand Stock Exchange voted in favor of demutualization. On December 31, 2002, NZSE became a limited liability company. On May 30.2003, NZX formally changed its name.
with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or member firms.
One of his roles with Eagle Market Makers, Inc, a clearing member firm of the CBOT, is the development and education of new clients. He can be reached at 800 341 0834 or E-mail JackBroz@EagleMarketMakers.com.
Person associated with an NASD member firm, including assistant officers other than principals, who are engaged in the securities business or investment banking for the members.
 See also: Member, Exchange, Market, Trading, Stock
  
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