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Glossary > G > "General Clearing Members (GCM)" Definition

General Clearing Members (GCM)

Members who are entitled to clear LIFFE transactions made for their own account and for clients. They may also clear transactions made by a non-clearing member under the terms of a standard clearing agreement.

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General Clearing Members (GCM) - Members who are entitled to clear LIFFE transactions made for their own account and for clients. They may also clear transactions made by a non-clearing member under the terms of a standard clearing agreement.

General Clearing Members (GCM) : members who are entitled to clear liffe transactions made for their own account and for clients. they may also clear transactions made by a non-clearing member under the terms of a standard clearing agreement.