FOLIO Ontology

Identification

IRI:
https://folio.openlegalstandard.org/R8ch7kaT0lU1J8sKvhpf3sh
Label Futures Commission Merchant
Preferred Label FCM
Identifier N/A
Alternative Labels
Futures Broker

Definition

A Futures Commission Merchant (FCM) is a firm or individual that solicits or accepts orders to buy or sell futures contracts, options on futures, retail foreign exchange contracts, or swaps and accepts money or other assets from customers to support such orders. FCMs are registered and regulated by financial authorities to ensure compliance with trading regulations and the safeguarding of customer funds.

Class Relationships

Sub Class Of

Is Defined By

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See Also

Parent Class Of 0

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Class Hierarchy Visualization

Interactive graph showing class relationships - click on any node to navigate to that class

Additional Information

Metadata

Comment

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Description

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Notes

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Editorial Information

History Note

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Editorial Note

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Deprecated

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Source and Origin

No source or origin information available