Commission merchant


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COMMISSION MERCHANT. One employed to sell goods for another on commission; a factor. He is sometimes called. a consignee, (q.v.) and the goods he receives are a consignment. 1 Bouv. Inst. n. 1013.

References in periodicals archive ?
Formed in 2010 as a futures commission merchant (FCM), Phillip Capital Inc.
RCG is a regulated Futures Commission Merchants offering trading execution, clearing, brokerage, institutional foreign exchange, managed futures and a full range of electronic trading services.
An aide to Frank indicated there may be House support for the merger, and cited a recent report by a House Financial Services subcommittee that chastised the two agencies for failing to coordinate in the lead-up to the collapse of futures commission merchant MF Global Inc.
BNP Paribas Securities Corporation, the US registered broker dealer of BNP Paribas Corporate and Investment Banking (BNPP.PA) (LSE: BNP) (OTC: BNPQY), has said that it has joined leading derivatives exchange CME Group to clear over-the-counter (OTC) interest rate derivatives as a futures commission merchant.
Using a futures commission merchant, LCH.Clearnet's US-based clients can access SwapClear, enabling them to reduce counterparty risk, increase protection against defaults, and manage client collateral and positions.
* Vision Financial Markets, LLC, a Futures Commission Merchant and a self-clearing securities broker/dealer, is expanding its space by 3,012 s/f.
Net income for integrated securities firms reached NT$3.268 billion, that for securities brokerages was NT$3.12 billion and that for futures commission merchant (FCM) engaged in securities business amounted to NT$100,000.
In a letter written on the back of a Prices Current for April 14, 1851, commission merchant Samuel J.
Futures Commission Merchant PFGBest was not worried; he said other oil producing countries would be happy to increase their gasoline exports.
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.
[c]ontracts traded in the interbank market generally include not only contracts between a commercial bank and another person but also contracts entered into with a futures commission merchant who is a participant in the interbank market.
Like many antebellum private bankers, Branch was first and foremost a commission merchant, but as his fortune increased he turned to money lending as an outlet for his idle capital.

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