Omnibus account
An account carried by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating broker, ...
Omnibus account: A special account a broker/dealer opens with another firm to trade on behalf of a subsidiary or affiliate.
Omnibus Account - Is an account carried on the books by one futures commission merchant (FCM) for another FCM. Here, the transactions of multiple accounts are combined and viewed as one for bookkeeping purposes.
OMNIBUS ACCOUNT
An account carried by one futures commission merchant with
another in which the transactions of two or more persons are
combined rather than designated separately and the identity of
the individual accounts is not disclosed.
Omnibus Account
An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.
omnibus account A type of account that one futures commission merchant carries for another.... OMR The ISO currency code for the Omani Rial. Learn more about Oman and the Omani Rial at GoCurrency.
Related: futures commission merchant, omnibus account. Commitment A trader is said to have a commitment when he assumes the obligation to accept or make delivery on a futures contract. Related: Open interest.
Also called clearing or omnibus account. Account in which funds of one or more customers are consolidated, pooled or commingled. Used by a financial institution for bank-to-bank or administrative transactions.
A firm which buys and sells future contracts for customer accounts. Related: futures
commission merchant, omnibus account.
Delivery
The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract.
An account carried by the Futures Commission Merchant in the name of the individual customer. Opposite of an Omnibus Account.
Fully Paid ...
A dividend that was scheduled to be declared, but that is not voted by the board of directors probably because the company is experiencing financial difficulties.
Omnibus account ...
Commission house
A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.
exchange and, who, in connection with such solicitation or acceptance of orders, accepts any money or securities to margin any resulting trades or contracts. The FCM must be licensed by the CFTC. Related: commission house, omnibus account ...
Related: Commission house, omnibus account. Futures contract A legally binding agreement buy or sell a commodity or financial instrument in a designated future month at a price agreed upon today by the buyer and seller.
Related: futures commission merchant, omnibus account. Commission-only compensation Payment to a financial adviser's of only commissions on investments purchased when the client implements the recommended financial plan.
Related: commission house , omnibus account Futures contract Agreement to buy or sell a set number of shares of a specific stock in a designated future month at a price agreed upon by the buyer and seller.
 See also: Commission house, Expense, Bills, Optimal, Banks
  
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