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.

References in periodicals archive ?

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.

Remembering the glory days. (Flip Side)

Could trade secrets be exposed to others besides the party an exchange member has contracted with?

B2B's Operational and Risk Implications

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.

PEOPLE IN BUSINESS

The price at which an exchange member has been willing to sell his seat was $1.

STOCK EXCHANGE SEAT PRICE DROPS : BARGAIN COULD FORESHADOW PLUNGE IN SHARES' MARKET VALUES

The study by Prime Therapeutics also shows that public exchange members were 2.

Patients using exchanges fill more scripts

M2 EQUITYBITES-July 15, 2014-Tenet enters into new multi-year national agreement with Humana Exchange members in five major markets

Tenet enters into new multi-year national agreement with Humana Exchange members in five major markets