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Clearing Member
(redirected from Clearing Members)

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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 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.

clearing member
A member of a clearing house. Membership in such a house permits the member firm to use it for clearing security trades.


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Customers of SGX Clearing Members currently connect their trading systems to their Clearing Member's risk management systems for pre-trade risk checks.
In a little less than two years, ICE and its clearing members have made substantial progress toward increasing stability and transparency in the CDS market, and in reducing systemic risk globally," said Scott Hill, Senior Vice President and CFO of ICE.
In a little less than two years, ICE and its clearing members have made substantial progress toward increasing stability and transparency in the CDS market, and in reducing systemic risk globally," said Scott Hill, Senior Vice President and CFO of ICE.
 
 
 
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