"Beginning on 8 March, US clients will be able to access SwapClear's unique expertise and product range within the security of the familiar futures commission merchant
USA, a wholly-owned subsidiary of WSD Global Markets Ltd is registered as a Futures Commission Merchant
with the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC), USA.
While the IRS may take a broad view of the definition of "foreign currency contract," it is not clear that its view trumps Congress's expressed intent that the term not include contracts entered into by private parties where neither party is a bank, futures commission merchant
, or other "similar participant" in the interbank market.
This paper describes the fourfold role of a business economist with a futures commission merchant
: short-term economic analysis for brokers and trading customers; long-term analysis for the asset management division; marketing the firm's expertise; and strategic planning as a member of the firm's executive committee.
A futures commission merchant
is an individual (or company) who handles a sizable portion of the futures orders executed on a trading floor and who owns a seat on the commodity exchange.
The Order finds that from December 1, 2014, to September 24, 2017, ADM Investor Services Inc., a registered futures commission merchant
which guaranteed Essex, failed to adequately supervise its employees to ensure (i) they properly executed bunched orders, and (ii) they executed orders for non-discretionary Essex customers only when Essex had obtained specific customer authorization for the transaction.
Commodities broker Marex Spectron has announced that it has signed an agreement to acquire the customer business of Chicago-based Rosenthal Collins Group LLC (RCG), a Futures Commission Merchant
(FCM), the company said.
UK-based commodities broker Marex Spectron has agreed to acquire the customer business of Chicago, US-based futures commission merchant
Rosenthal Collins Group LLC (RCG), the company said.
The court further finds that, from at least July 16, 2011 and continuing through at least July 27, 2012, Oakmont, by and through its employees, solicited retail customers by telephone to engage in financed precious metals transactions, which constitute illegal off-exchange retail commodity transactions and acted as a futures commission merchant
without being so registered.
Alpari (US), LLC is dually registered with the CFTC as a Futures Commission Merchant
and Retail Foreign Exchange Dealer and has been a member of the NFA since 2007 - Member ID: 0379678.
MF Global, a futures commission merchant
, filed for bankruptcy Oct.
FXCM is a registered retail foreign exchange dealer and futures commission merchant
headquartered in New York.