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Commodity exchange
Industry: Financial services
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Commodity exchange
Discretionary account
Financial services; Commodity exchange
An arrangement by which the holder of an account gives written power of attorney to someone else, often a broker, to buy and sell without prior approval of the holder; often referred to as a "managed ...
Commodity
Financial services; Commodity exchange
An article of commerce or a product that can be used for commerce. In a narrow sense, products traded on an authorised commodity exchange. The types of commodities include agricultural products, ...
Clearing house
Financial services; Commodity exchange
An adjunct to, or division of, a commodity exchange through which transactions executed on the floor of the exchange are settled. Also charged with assuring the proper conduct of the exchange's ...
Omnibus account
Financial services; Commodity exchange
An account carried by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating ...
Cash commodity
Financial services; Commodity exchange
An actual physical commodity someone is buying or selling, e.g., soybeans, corn, gold, silver, Treasury bonds, etc. Also referred to as actuals.
Position trader
Financial services; Commodity exchange
An approach to trading in which the trader either buys or sells contracts and holds them for an extended period of time.
Commercial
Financial services; Commodity exchange
An entity involved in the production, processing, or merchandising of a commodity.