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Futures Commission Merchant

A broker or brokerage on a futures exchange. A futures commission merchant receives and executes orders on behalf of clients and extends credit for margin transactions. It is also called a commodity broker.


Futures Commission Merchant (FCM).

A futures commission merchant (FCM) is a person or a firm that acts as an agent to execute buy or sell orders for futures contracts or commodity options.

You may open an account directly with an FCM or place your orders through an introducing broker or commodity trading adviser.

References in periodicals archive ?
I am proud of the partnership that we have established with FCM, which will help the City of Baie-Saint-Paul reduce the ecological footprint of one of its facilities while stimulating economic growth in the region.
By acquiring the RCG FCM business, which is expected to complete in January 2019, Marex Spectron will maintain the RCG name and brand, gain 14,000 client accounts and balances, 150 associated staff and the Chicago headquarters.
[18] proposed a local correntropy space constrained FCM (LCFCMS) and its simplified model (LCFCMS1).
The FCM algorithm is a popular fuzzy clustering algorithm proposed by Dunn in 1973 [12].
Fourteen of these 30 patients received Darbepoetin alfa (EPO) during the first period of iron repletion with IP while 18 of these patients received EPO during FCM therapy.
This is of particular concern for FCM fuel, which has a very low uranium density.
(a) The combination of PSO and SVR is employed to optimize FCM parameters for the first time.
FCM is a cloud-based messaging service that allows third party developers to send push messages to their applications on user devices.
Mas temprano que tarde, las verdaderas intenciones politicas de Alejandra Barrales Magdaleno del PRD y Ricardo Anaya Cortes del PAN quedaron al descubierto: su mascarada del Frente Ciudadano por Mexico (FCM) no es mas que una pantomima para que ambos se agandallen las candidaturas de este "organismo" por la Jefatura de Gobierno de la Ciudad de Mexico y la Presidencia de la Republica, respectivamente, y si alguno de los dos, o ambos, salen por ahi a querer intentar hacernos creer lo contrario con las cortinas mediaticas a las que ya se acostumbraron, lo mejor sera voltear ojos y oidos hacia otro lado porque, de plano, digan lo que digan este par de dos, esta mas que claro que, como lo comente en publicaciones anteriores, este Frente tiene cerradas sus puertas a los verdaderos ciudadanos.
This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by the FCM Division of INTL FCStone Financial Inc.
According to them, confusion arose with the existence of Reverse Charge Mechanism (RCM) and Forward Charge (FCM) in GST system.
The purpose of this paper is to provide a proposal for a protocol and methodology for Fuel Cell Motorcycle (FCM) fueling based on analytical work and real world fueling testing.