clearing member

Definition of "clearing member"
  1. A member of a clearing organization who processes and settles trades for non-clearing members
How to use "clearing member" in a sentence
  1. The financial transactions were facilitated by a clearing member.
  2. In times of high market volatility, the role of a clearing member becomes crucial.
  3. As a clearing member, the bank ensures the trades are settled on schedule.
Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z