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Quantitative Finance · Begrippenlijst

Wat is Exchange member?

Definition 4.6 Markets I: The Ecosystem and Exchange-Traded Markets · Hoofdstuk 4 — Exchanges, Brokers and Venues

An exchange member (or participant) is a firm admitted by the exchange to send orders to its system in its own name. It must be authorised by a regulator, meet capital requirements, accept the rulebook, and have an arrangement to clear its trades.

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