TeachMeFinance.com - explain Unauthorized clerk
Unauthorized clerk -- One who, although admitted to the
London Stock Exchange, is an attendant only on the member
of 'the exchange by whom he is employed ; his presence is for
the purpose of checking (making and comparing memoranda
cf) bargains (contracts). An authorized clerk is authorized
by the committee for general purposes of the exchange to
transact business on the exchange for his employer.
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