Member Firm

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Member firm

Used for listed equity securities. Brokerage firm that has at least one membership on a major stock exchange even though, by exchange rules, the membership in the name of an employee and not of the firm itself.

Member Firm

A broker-dealer firm in which at least one of the principal officers is allowed to trade on the floor of an exchange. To become a member, one needs to purchase a membership or a seat on the exchange, which can be very expensive. There are usually a set number of memberships to an exchange; for example, on the New York Stock Exchange, there are 1,366 seats, which may cost up to $1 million each, and which may be bought or sold to different firms. Most exchanges do not recognize member firms, only individual members; that is, they consider members to be the brokers or dealers on the floor, rather than the firms they represent.

member firm

A securities firm with officers or partners who are members of an organized securities exchange. National brokerage firms are generally members of a number of organized exchanges. Organized exchanges have established standards of conduct and financial conditions. See also ABC Agreement.

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Agente bursatil accionista de la bolsa Allied Member Booths Changer Clearing Member Exchange Members Firma no socia Floor Broker Investment History Membership or a seat on the exchange Non-Client Order Nonclearing Member Nonmember Firm Telephone Booth Ten-Day Rule Trade Reporting			Deloitte member firm clients may also seek the advice of the Shari'ah scholars who work with member firm professionals across all service lines to address specific client needs and promote the efficient delivery of value-added solutions within a Shari'ah-compliant framework. Deloitte appoints Global Islamic Finance Industry group leader by CPI Financial Taipei, June 15, 2009 (CENS)--To sharpen competitiveness of domestic high-tech firms, the Association of Industries in Science Parks (ASIP) recently suggested the government to allow its member firms to invest in China, and push for China investments in Taiwan's science parks. Firms in science parks urge deregulating China-bound investment by The Taiwan Economic News While global brands such as PriceWaterhouseCoopers, KPMG International, Deloitte Touche Tohmatsu, and Ernst & Young may have deep pockets, with combined revenue of $103 billion last year, they limit legal exposure by setting themselves up as a network of independent member firms linked by a central administrative office. FOR ACCOUNTING GIANTS, NOWHERE TO HIDE? by Nanette Byrnes and Michael Orey / BusinessWeek			Medicare Tax Medicare Tips Medicare Wage Medicare Wages Medio termine Medium of Exchange Medium Term Medium Term Note Medium-Term Bond Medium-Term Financial Strategy Medium-Term Guarantee Program Medium-Term Note Medium-Term Note Retail meeting of the minds Meff Renta Fija Meff Renta Variable Mega Cap megalopolis Mei Moses World All Art Index Melbourne Mint Mello Roo Melon Melting Member Member Bank Member Firm Member of Household Member Short Sale Ratio Membership Membership or a seat on the exchange Memorandum Memorandum of Understanding Memoria menace Mental Accounting Mental Health Parity Act of 1996 Menu Merc Merc, The Mercaderia Mercado Mercado a futuro Mercado a termo Mercado activo Mercado alcista Mercado angosto Mercado bajista Mercado bursatil Mercado cambiario Mercado chato Mercado contado			Member Audio Engineering Society Member Audio Response Teller Information Member Australian Association for Exercise and Sports Science Member Australian Association of Cognitive Behavioural Therapists Member Australian Institute of Project Management member bank member bank Member Banks Member Banks Member Benefits Online System Member Board of Directors Member British Institute of Management Member Business Lending Member Committee Vice President Member Conduct Committee Member Contributions Member Contributions Member Corporation Member Corporation Member Corporations Member Corporations member countries Member Development Working Group Member Digital Library Member Digital Library Subscription Member Discount Program Member Disputes and Safety Team Member Empowerment Member Enrollment Management System Member Firm Member Firms Member Firms Member for Parliament Member for Parliament Member for Parliament Member function Member Help Interactive Member in Good Standing Member in Training Member Information Exchange Member Information Management System Member Inner Magic Circle Member Institute Clerks of Works Member Institute of Training and Occupational Learning Member Intake Process Member Intake Program Member Interest Group Member Learning Exchange Member Mental Health Diagnostics Member Mission Capable Member National Institute of Accountants Member Nominated Trustee Director member of a governmental body member of a jury member of a legislative body member of a legislature member of a partnership

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