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Clearing Member

   Also found in: Acronyms 0.03 sec.
Clearing member
A member firm of a 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. All trades of a non-clearing member must be registered with, and eventually settled through, a clearing member.
clearing member
A member of a clearing house. Membership in such a house permits the member firm to use it for clearing security trades.
Clearing Member
A member firm on an exchange that is also a member of a clearing house. Clearing members have access to the clearing house for the settlement of transactions. Non-member firms on an exchange must work with and through a member firm in order to settle their own transactions. See also: Clearing fee.


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Penson GHCO is a registered Futures Commission Merchant and clearing member at the Chicago Mercantile Exchange, Chicago Board of Trade, London International Financial Futures Exchange, Intercontinental Exchange, and International Petroleum Exchange.
Penson Worldwide Reports Record Revenues and Earnings for Fourth ... by Business Wire
Penson GHCO is a registered Futures Commission Merchant and clearing member at the Chicago Mercantile Exchange, Chicago Board of Trade, London International Financial Futures Exchange, Intercontinental Exchange, and International Petroleum Exchange.
Penson Worldwide, Inc. Completes Acquisition of Futures Clearing ... by Business Wire
RJO is a founding member of the Chicago Mercantile Exchange and is a full clearing member of: the Chicago Board of Trade (CBOT); the New York Mercantile Exchange (NYMEX and COMEX divisions); the New York Board of Trade (NYBOT); Eurex AG; Eurex US; EuronextLIFFE; and Intercontinental Exchange (ICE).
Duffy & Partners Hired by R.J. O'Brien As Branding Agency of Record by Business Wire
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