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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Mello Roo member Member Bank Member Firm Member Short Sale Ratio Membership Membership or a seat on the exchange memberships menace Mental Accounting Menu Merc Merc, the Mercantile Agency Mercato Italiano dei Futures |
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