|
|
Futures Commission Merchant |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Futures Commission MerchantIn the US, an individual or organisation 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.Similar MatchesCommission houseCommission houseAnother term used to describe brokerage firms because they earn their living by charging commissions. Commodity Futures Trading CommissionCommodity Futures Trading CommissionCreated by the US Congress in 1974 to regulate exchange trading in futures. URL: http://www.cftc.gov Indemnity commissionIndemnity commissionWhere a life company pays commission to an agent, the company does so on the proviso it will be entitled to take back some or all of the commission if the policy is cancelled within a given period. Also known as 'clawback'. Federal Maritime Commission (FMC)Federal Maritime Commission (FMC)A U.S. government agency that regulates and administers the shipping industry. This agency also grants freight forwarder licenses. Split commissionSplit commissionA commission shared between a broker and a financial adviser or other professional who brought the customer to the broker. Further SuggestionscommissionCommission Commission house Fee and commission compensation Securities and Exchange Commission Commission broker Underwriting Commission Commodity Futures Trading Commission (CFTC) Securities & Exchange Commission (SEC) Securities and Exchange Commission Rules Commission Futures commission merchant (FCM) International Organization of Securities Commissioners |
|
|
|