Futures Commission Merchant - FCM

Futures Commission Merchant - FCM
A merchant involved in the solicitation or acceptance of commodity orders for future delivery of commodities related to the futures contract market.

A futures commission merchant is able to handle futures contract orders as well as extend credit to customers wishing to enter into such positions. These include many of the brokerages that investors in the futures markets deal with.


Investment dictionary. . 2012.

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  • futures commission merchant — ( FCM) An individual or organization that solicits or accepts orders to buy or sell futures contracts or options on futures and accepts money or other assets from customers to support such orders. Also referred to as commission house or wire… …   Financial and business terms

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  • Futures commission merchant — A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any… …   Financial and business terms

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  • Commission House — A brokerage or merchant firm which buys and sells futures contracts for customer accounts. A commission house generates income by charging a commission on the transactions that are made on behalf of the customers. Also known as a Futures… …   Investment dictionary

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  • FCM —   An acronym for futures commission merchant …   International financial encyclopaedia

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  • Commodity broker — A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts… …   Wikipedia

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