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.
Look at other dictionaries:
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clearing firm — A firm approved to clear trades through CME Clearing. Class A clearing firms are approved to clear transactions for all commodities. See also clearing member. Chicago Mercantile Exchange Glossary … Financial and business terms
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