I'm trying to understand the meaning of TM in the context of trading. I've encountered this term several times and want to clarify its definition and how it applies to trading activities.
6 answers
Nicola
Fri Nov 22 2024
Trading Member (TM) refers to an individual or entity that possesses the authority to execute trades both on its own behalf and on behalf of its clients.
Nicola
Fri Nov 22 2024
Trading Members rely on clearing houses or other designated entities to handle these aspects of their trading activities.
Martino
Fri Nov 22 2024
BTCC, a leading cryptocurrency exchange, offers a range of services to its clients, including spot trading, futures trading, and wallet services.
KpopStarletShine
Fri Nov 22 2024
This status grants the Trading Member the flexibility to engage in trading activities for various purposes, including speculation, investment, and client order fulfillment.
KimonoElegant
Fri Nov 22 2024
Despite having the right to trade, a Trading Member does not have the power to clear and settle these trades independently.