commodities clearing member

commodities clearing member
Commodities clearing member (adhérent compensateur en marchandises) "ACM"
An ACM is entitled only to clear and trade commodity futures and options for its own account and for clients.
An ACM can clear the trades of NEMs for whom it is the designated clearer. NYSE Euronext Glossary

Financial and business terms. 2012.

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Look at other dictionaries:

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