Authorized clerk - One who is authorized by the committee for general purposes of the London
Stock Exchange to transact business on the exchange for the member by whom he is employed.
An unauthorized clerk, although admitted to the exchange, is an attendant only; his presence is for
the purpose of checking (making and comparing memoranda of) bargains (contracts) and for the
purpose of "passing names" on the third day of the settlement. See Name day.
Stock Exchange to transact business on the exchange for the member by whom he is employed.
An unauthorized clerk, although admitted to the exchange, is an attendant only; his presence is for
the purpose of checking (making and comparing memoranda of) bargains (contracts) and for the
purpose of "passing names" on the third day of the settlement. See Name day.
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