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changer - 4 dictionary results

chang⋅er

[cheyn-jer]
–noun
1. a person or thing that changes something.
2. record changer.
3. Obsolete. a moneychanger.

Origin:
1350–1400; ME. See change, -er 1
chang·er   (chānj'ər)   
n.  
  1. One that changes something: an inveterate changer of decor.
  2. A device that causes each of a series of audio or audiovisual recordings to be played automatically: a record changer; a compact disk changer.

Changer

Chan"ger\, n. 1. One who changes or alters the form of anything.

2. One who deals in or changes money. --John ii. 14.

3. One apt to change; an inconstant person.
Language Translation for : changer
Spanish: cambiar, modificar, alterar,
German: (sich) ändern,
Japanese: 変わる

Changer

The name given to a clearing member that is willing to assume the opposite position of a futures contract within a larger alternative exchange, of which it also is a clearing member.

Investopedia Commentary

A changer commonly refers to clearing members of the CME who provide liquidity by taking the opposite futures positions on larger alternative exchanges. As changers must bear the risks associated with entering into the opposite futures transaction, they charge a fee for their services.

See also: Associated Person, Broker Association

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