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commission house |
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Commission House A brokerage or merchant firm which buys and sells futures contracts for customer accounts. Notes: They typically use omnibus accounts to do this.Commission house A firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.
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| Two steps forward, one step back--That was the trend in most ag markets last week as traders and professional trading funds exited positions and commission house firms balanced the books ahead of the end of the year. As a volunteer at Hull House she met a charming and handsome young man new to the city but apparently doing well, working for his uncle who owned a commission house on South Water Street. Victims of the scam report receiving a letter from the International Clearing Commission House in Ottawa, Ontario, that claims they have won a large cash prize in the American Lottery Sweepstakes. |
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commission house
