Trading Member

Views Updated: Dec 15, 2025

Abbreviation

Pronunciation

/ˈtreɪdɪŋ ˈmɛmbər/

A settlement member has the right to adjust the deposits standard according to the market operation situations and the status of credits of a trading member.
An exchange makes settlements for settlement members, a settlement member makes settlements for its entrusting trading members, and a trading member makes settlements for its clients.
If a transferred member or transferring member is the trading member, it shall submit the statement of the entrusted settlement member for the consent of transferring the position.
The exchange shall, upon approval, notify the trading member, transferring settlement member and transferred settlement member about the date of changing the settlement relationship.
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