An individual or organization accepting orders to buy or sell futures or futures options. see also merchant.
An individual or organization which solicits or accepts orders to buy or sell futures contract or commodity options and accepts money or other assets from customers in connection with such orders. An FCM must be registered with the CFTC.
An individual or organization which solicits or accepts orders to buy or sell futures or options contracts and accepts money or other assets from customers in connection with such orders. Must be registered with the Commodity Futures Trading Commission.
A firm or individual, licensed by the CFTC, who solicits or accepts purchase or sell orders of futures contracts, subject to the rules of a futures exchange, and who accepts payment from, or extends credit to, the persons whose orders have been accepted.
An individual, association, partnership, corporation or trust that solicit or accept orders for the execution of a commodity transaction on and pursuant to the rules of a futures contract market and which accept payment from or extend credit to customers.
Is a firm which is registered to do customer business in the futures and options-on-futures business. This customer business relates to the taking of orders for contract execution.
an individual or firm that solicits or accepts orders for the purchase or sale of any commodity for futures delivery on or subject to the rules of any contract market, and which extends credit to those whose orders are accepted.
(FCM): A broker who is permitted to accept orders to buy and sell futures contracts for customers.
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 house'.
(FCM) 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 solicitation or acceptance of orders, accepts any money or securities to margin any resulting trades or contracts. The FCM must be licensed by the CFTC.
An individual or organization accepting orders to buy or sell futures contracts or futures options, and accepting payment for his services. FCMs must be registered with the CFTC and the NFA, and maintain a minimum capitalization of $300,000.
A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of commodities for future delivery on, or subject to, the rules of a futures exchange and who, in connection with such solicitation or acceptance of orders, accepts any money or securities to margin any resulting trades or contracts. Must be licensed under the Commodity Exchange Act.
Individuals, associations, partnerships, corporations and trusts that solicit or accept orders for the purchase or sale of futures and options on futures and that accept payment from or extend credit to those whose orders are accepted. FCMs must be registered with the National Futures Association.
Individuals, associations, partnerships, corporations and trusts that solicit or accept orders for the purchase or sale of any commodity for future delivery on or subject to the rules of any contract market and that accept payment from or extend credit to those whose orders are accepted.
An FCM is the only industry participant who receives, handles, and manages customer funds, margin payments, and commission charges. He is also responsible for confirmation of trade slips, customer statements, and guarantees.