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| Definitions by InvestorWords.com |
| What is...? |
| member firm A broker/dealer in which at least one 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 member corporation if the firm is a corporation. opposite of nonmember firm. see also allied member, Designated Order Turnaround, supervisory analyst. |
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