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A person, normally a broker, who has a seat 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 a company to be a member, so the membership for a member firm formally belongs to an individual employee. Memberships are bought and sold at market price because most exchanges have a finite number.


An individual who owns a seat on a commodities or securities exchange. See also allied member.
References in classic literature ?
But in chusing the President, the Votes shall be taken by States, the Representation from each State having one Vote; a Quorum for this Purpose shall consist of a Member or Members from two thirds of the States, and a Majority of all the States shall be necessary to a Choice.
More than once I have tried to picture myself in the position of a boy or man with an honoured and distinguished ancestry which I could trace back through a period of hundreds of years, and who had not only inherited a name, but fortune and a proud family homestead; and yet I have sometimes had the feeling that if I had inherited these, and had been a member of a more popular race, I should have been inclined to yield to the temptation of depending upon my ancestry and my colour to do that for me which I should do for myself.
Descending to particulars, each member of the club contributed his own little stock of scandal to the memoirs of the Countess.
Several very exciting skirmishes were in progress, when a loud shout attracted the attention even of the belligerents, and then there poured on to the platform, from a door at the side, a long line of gentlemen with their hats off, all looking behind them, and uttering vociferous cheers; the cause whereof was sufficiently explained when Sir Matthew Pupker and the two other real members of Parliament came to the front, amidst deafening shouts, and testified to each other in dumb motions that they had never seen such a glorious sight as that, in the whole course of thier public career.
On the morrow after this conversation every member of the association received a sealed circular couched in the following terms:
On the principle of the multiplication and gradual divergence in character of the species descended from a common parent, together with their retention by inheritance of some characters in common, we can understand the excessively complex and radiating affinities by which all the members of the same family or higher group are connected together.
Edwards was likewise a member of this comical society.
Two other members of the Give and Take Association swiftly joined the little group.
It is only since I have joined this Society that I have been made aware that in addition to the general members, of which body I believe that the Duchess and I are the sole representatives here, there are special members, and members of the inner circle.
That this Association cordially recognises the principle of every member of the Corresponding Society defraying his own travelling expenses; and that it sees no objection whatever to the members of the said society pursuing their inquiries for any length of time they please, upon the same terms.
My friend," said the Undertaker Who Was a Member of a Trust, "this is a most hateful and injurious scheme.
Bianchon narrated the following: Another Study of Woman La Grande Breteche Bidault (known as Gigonnet) Gobseck The Vendetta Cesar Birotteau The Firm of Nucingen A Daughter of Eve Bixiou, Jean-Jacques The Purse A Bachelor's Establishment Modeste Mignon Scenes from a Courtesan's Life The Firm of Nucingen The Muse of the Department Cousin Betty The Member for Arcis Beatrix A Man of Business Gaudissart II.

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