futures commission merchant (FCM)
An individual or organization that acts as a broker for futures contracts and issues margin loans to secure the transactions. Futures Commission Merchants are required to register with the Commodity Futures Trading Commission (CFTC).
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representative
fully disclosed account
net capital
wire house
National Introducing Brokers Association (NIBA)
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Call Rule
government sponsored enterprise (gse)
budgetary
free reserves
Gold bull