Membership


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Membership

An individual or firm's right to trade on an exchange floor. Memberships are bought and sold according to an individual's or firm's needs and desires, and they can be very expensive. Most exchanges have a set number of memberships; for example on the New York Stock Exchange there are 1366 seats, which may cost up to $1 million each. Most exchanges do not recognize only recognize individual members; member firms are usually informal terms for broker-dealer firms that have at least one principal officer with a seat on an exchange.
References in periodicals archive ?
Chapters of CalCPA may be formed in any city or area within the state of California whenever there are 100 or more members of CalCPA, or 100 or more Certified Public Accountants eligible for membership resident in such area, or who have their principal offices in such area.
The Membership Committee also recommended that, on a trial basis, the Institute lower the conference registration fee for members in transition.
Each day, shoppers flock to warehouse membership shopping centers searching for that "deal.
Nancy Catanzaro, Manager of Membership Operations, has been with FEI since 2000 and oversees the myriad membership contact points and the member database.
Seizing on this untapped market, companies such as Sentient, Delta AirElite and Marquis are offering private-jet memberships.
RealOne Membership offers premium content from companies such as ABCNEWS.
Business Member: Business membership is available to any individual who represents a business that supplies goods or services to camp operations and is interested in advancing ACA's mission.
And, since the finance department receives few queries about church membership, the treasurer does not see a pressing need to gather the information.
The increasing need for secretarial and staff support for the activities of the Association such as supervising the issuing of the publications of the Association, managing the membership campaigns, and preparing budgets and controlling funds, resulted in the Association developing to the point when it could no longer function effectively by using volunteer workers.
foundries has led to a corresponding decline in AFS membership.
The introduction of ITT Sheraton as a lodging partner in the Membership Miles program offers a distinct advantage to ITT Sheraton's frequent business travelers.
With a commitment of $150,000, Members are rewarded with fixed hourly rates that are on average 6% below Sentient's TravelCard Membership rates.

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