clearing fee indicator

clearing fee indicator
A designation on a trade record which indicates the rate to be paid for clearing services:
E = Equity Members, Clearing Members*;
L = Lessee/106.F.Employees;
B = CBOE Member (trading S&P products only);
H = 106.H./J. Firms;
C = Non-member ( customer);
M = Member rate for futures side of BK broker combination trades.*
A 106.F member, who is an owner of a clearing member firm and whose seat is assigned for clearing privileges, is entitled to equity rates and therefore should use the E fee code. If fee is left blank, your rate will be determined based on user affiliation and the CTI code. Chicago Mercantile Exchange Glossary

Financial and business terms. 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • UCAS — This article is about the UK Universities Colleges Admissions Service. For other uses, see UCAS (disambiguation). Universities Colleges Admissions Service UCAS logo as of 2009[update …   Wikipedia

  • Short (finance) — Schematic representation of short selling in two steps. The short seller borrows shares and immediately sells them. He then waits, hoping for the stock price to decrease, when the seller can profit by purchasing the shares to return to the lender …   Wikipedia

  • Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… …   Universalium

  • environment — environmental, adj. environmentally, adv. /en vuy reuhn meuhnt, vuy euhrn /, n. 1. the aggregate of surrounding things, conditions, or influences; surroundings; milieu. 2. Ecol. the air, water, minerals, organisms, and all other external factors… …   Universalium

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • India — /in dee euh/, n. 1. Hindi, Bharat. a republic in S Asia: a union comprising 25 states and 7 union territories; formerly a British colony; gained independence Aug. 15, 1947; became a republic within the Commonwealth of Nations Jan. 26, 1950.… …   Universalium

  • land reform — any program, esp. when undertaken by a national government, involving the redistribution of agricultural land among the landless. [1840 50, Amer.] * * * Deliberate change in the way agricultural land is held or owned, the methods of its… …   Universalium

  • Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

  • Economic history of China before 1911 — For developments after 1911, see Economic history of Modern China. A Chinese dragon seen floating among clouds, engraved on a golden canteen dated to the 15th century, during the …   Wikipedia

  • Collateralized debt obligation — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”