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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fully disclosed account
National Introducing Brokers Association (NIBA)
futures commission merchant (FCM)
omnibus account
point balance
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operating costing
Small Business Administration
adjustable rate preferred stock
inconvertible money
buy long