HomeDefinitionsCompareDebt Futures commission merchant (FCM)The financial definition for Futures commission merchant (FCM):A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with such solicitation or acceptance of orders, accepts any money or securities to provide margin for any resulting trades or contracts. The FCM must be licensed by the CFTC. Related: Commission house, omnibus account. Similar MatchesCommission brokerCommission brokerA broker on the floor of an exchange who acts as agent for a particular brokerage house and buys and sells stocks for the brokerage house on a commission basis. Commission houseCommission houseA firm that buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account. Commodity Futures Trading Commission (CFTC)Commodity Futures Trading Commission (CFTC)An agency created by the US Congress in 1974 to regulate exchange trading in futures. Further SuggestionsFederal Maritime Commission (FMC)Fee and commission compensation Securities & Exchange Commission (SEC) Securities and Exchange Commission Rules Split commission Underwriting Commission Click to compare definitions of Futures commission merchant (FCM) Click to view definitions beginning fu |