Question
Under the rules of the India International Bullion
Exchange (IIBX) in the Gujarat IFSC, a firm that executes trades for itself and clients and also clears and settles trades of other trading members is called a:Solution
According to the membership categories listed by IIBX: a TCM (Trading-cum-Clearing Member) is a member who “executes trades on his own account as well as on account of his clients and clears and settles trades executed by themselves as well as by other trading members who choose to use clearing services of the Member.”
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