A broker/dealer in which none of the general partners (if a partnership) or officers (if a corporation) is a member of an exchange, a self-regulatory organization, or a clearing corporation. also called a nonmember corporation if the firm is a corporation. opposite of member firm.
Related information about nonmember firm:
- Nonmember Firm - Financial Dictionary - The Free Dictionary
Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either through member firms, ...
- nonmember firm - The Free Dictionary
non·mem·ber firm (n n-m m b r). n. A firm that is not a member of a securities exchange and must work through member firms to have its orders executed on the ...
- nonmember - definition of nonmember by the Free Online Dictionary ...
nonmaterial · nonmeaningful · nonmechanical · nonmechanistic · nonmedical · nonmedicinal · Nonmedullated. nonmember. nonmember firm · Nonmembership ...
- What is nonmember firm? definition and meaning
Definition of nonmember firm: A broker/dealer in which none of the general partners (if a partnership) or officers (if a corporation) is a member of an exchange, ...
- What is member firm? definition and meaning
... of an exchange, a self-regulatory organization, or a clearing corporation. also called member corporation if the firm is a corporation. opposite of nonmember firm.
- What is firm? definition and meaning
firm commitment offering · nonmember firm · firm sale · free cash flow for the firm · private equity firm · firm quotation · firm order · brokerage firm · firm commitment ...
- N Definitions: Campbell R. Harvey's Hypertextual Finance Glossary
Nonmember firm: Used for listed equity securities. Brokerage firm that is not a member of an organized exchange (NYSE). Such firms execute trades either ...
- 451 F.2d 838
Specifically, can a nonmember firm successfully invoke the compulsory arbitration rules of an exchange over the opposition of a member firm? 2. Axelrod & Co.