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Omnibus account

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Omnibus Account
An account carried by one Futures Commission Merchant, the carrying FCM, for another Futures Commission Merchant, the originating FCM, in which the transactions of two or more persons, who are customers of the originating FCM, ...

 


Omnibus Account
An account maintained by one broker with another in which all of the accounts of the former are combined and carried only in its name, rather than designated separately.

Omnibus account: A special account a broker/dealer opens with another firm to trade on behalf of a subsidiary or affiliate.

Omnibus Account
An account of an originating FCM carried by a clearing FCM that combines the transactions of two or more accounts of the originating FCM in the name of the originating FCM rather than designating the accounts separately.

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: Buy in, Evening up, Liquidation 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 ...

Omnibus Account An account between two brokers. It involves the transaction of individual accounts which are combined in this type of account, which allows for easier management by the broker.

A Firm that buys and sells futures contracts for customer accounts. Related: futures Commission merchant, omnibus account.

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Commission house
A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.

Related: Futures commission merchant, Omnibus account Committee for Performance Presentation Standards (CPPS)A committee of the Association for Investment Management and Research (AIMR) which sets professional standards for portfolio performance ...

See also: Future, Futures, Trading, Transaction, Broker

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