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).
Browse by Subjects
wire house
Futures Industry Association
futures commission merchant (FCM)
point balance
See All Related Terms »

cash in on
Ted spread
price level
ex pit transaction
amount realised