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futures commission merchant (FCM)

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futures commission merchant (FCM)
A firm that carries out futures transactions for another party. Essentially, futures commission merchants are to futures trading what ordinary brokerage firms are to stock and bond trading. Some futures commission merchants are full-line brokerage firms in which futures trades make up only a small part of their business. Also called commodity brokerage firm, futures commission firm.
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OANDA is a registered Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) and is a member of the National Futures Association (NFA).
$100-Million Investment in OANDA Corporation Recognizes Growth ... by Business Wire
com) is a Futures Commission Merchant (FCM), registered with the Commodity Futures Trading Commission and a member of the National Futures Association (NFA).
Interbank FX Creates Custom Clarity for Forex Traders with New Free ... by Business Wire
A privately owned Futures Commission Merchant (FCM), RJO is also one of the oldest futures brokerage firms, dating to 1914.
Robert J. O'Brien, Sr. Inducted into Futures Hall of Fame by Business Wire
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