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Changer |
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Changer The name given to a clearing member that is willing to assume the opposite position of a futures contract within a larger alternative exchange, of which it also is a clearing member. Notes: A changer commonly refers to clearing members of the CME who provide liquidity by taking the opposite futures positions on larger alternative exchanges. As changers must bear the risks associated with entering into the opposite futures transaction, they charge a fee for their services.See also: Associated Person, Broker Association |
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Add to that ½" and ¾" impact wrenches, two floor jacks, six 20-ton bottle jacks, six 2-ton cable winches, two 15-ton portable chain winches, a portable air tank, two leg vises (one on a portable stand and one mounted in the floor), an anvil, a pressure washer, a hydraulic hose crimper, a tire changer and a bead blaster. Hitech[TM] continuous screen changers automatically maintain uniform head pressure over months of nonstop operation, with no hot screen packs and breaker plates to handle. presents the Omni-11 microscope, which incorporates a five-step magnification changer, wide field optics, and a light source specifically selected to maximize light output. |
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Changer
