FUTURES COMMISSION MERCHANT (FCM)
\fjˈuːt͡ʃəz kəmˈɪʃən mˈɜːt͡ʃənt ˌɛfsˌiːˈɛm], \fjˈuːtʃəz kəmˈɪʃən mˈɜːtʃənt ˌɛfsˌiːˈɛm], \f_j_ˈuː_tʃ_ə_z k_ə_m_ˈɪ_ʃ_ə_n m_ˈɜː_tʃ_ə_n_t__ ˌɛ_f_s_ˌiː__ˈɛ_m]\
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Futures contracts broker. Required to register with the Commodity Futures Trading Commission (CFTC). Margin-loan provider. Accountable for securing transactions. Can be an individual or an organization. T
By Henry Campbell Black
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Nearby Words
- future value of an annuity due
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- FUTURES COMMISSION MERCHANT (FCM)
- futures contract
- futures contract multiple
- futures exchange
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