Exchange Member

Exchange Member

A person, normally a broker, who has membership on a stock exchange. This means that he/she is allowed to make trades on the floor of that exchange. Most exchanges do not allow firms to be members, so the membership for a member firm formally belongs to one or more of its employees. Memberships are bought and sold at market price because most exchanges have a finite number. See also: Seat.
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4, 2015 /PRNewswire/ -- MIAX Options Exchange (MIAX or the Exchange) announced today that it has closed its 2015 equity rights transaction (the Equity Rights Program) whereby seven leading order flow providers and market making MIAX Exchange Member firms entered into strategic agreements with MIAX.
And when the first parkee attempted to exchange her spot with another Exchange member, an ordinary driver unaffiliated with the company nipped in and purloined the parking space, much to the chagrin of the stymied spot-seeker.
Could trade secrets be exposed to others besides the party an exchange member has contracted with?
is the oldest New York Stock Exchange member based west of the Mississippi River, and provides a full range of financial services for individuals, institutions, corporations and municipalities.
The price at which an exchange member has been willing to sell his seat was $1.
TM) today announced the extension of its Exchange Member fee program for the Russell Index mini futures contracts to facilitate the transition of the Russell Index futures markets to ICE.
an NASD broker/dealer, is a Pacific Stock Exchange, Chicago Board Options Exchange, Philadelphia Stock Exchange and American Stock Exchange member firm specializing in listed and over-the-counter equities execution for professional and institutional investors.
Prior to becoming an exchange member, Floersch was involved in various block trading and institutional sales positions for Lehman Brothers, Freehling and Co.
The combination of two strong specialist firms will allow indepth markets to satisfy not only the New York Stock Exchange member firms and their customers but the listed companies for which we make markets.
Membership in the Endpoint Exchange Network will provide these top-tier banks with the full interoperability to exchange, clear and settle check images with more than 4,000 Endpoint Exchange member institutions across the country, regardless of asset size or check imaging platform," said Jeff Vetterick, general manager, Endpoint Exchange LLC.
Barrie is a former Chicago Futures Exchange member and has done consulting work for major banks, brokerages, clearinghouses, and commodity pool operators in the area of risk management and market research.
Other forum speakers included former Securities and Exchange Commission chairmen Harvey Pitt and Richard Breeden; Home Depot founder and current chairman and CEO of The New York Stock Exchange member firm Invemed Associates LLC, Kenneth Langone; Playboy chairman and CEO Christie Hefner and CNBC personality Jim Cramer.

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