Future Commission Merchant Activities: November 1995

ISBN-13: 9781503312272 / Angielski / Miękka / 2015 / 50 str.

Comptroller of the Currency Administrato

Opis

A national bank generally establishes a future commission merchant operating subsidiary for one of two reasons. First, a FCM operating subsidiary provides a bank that engages in futures and options transactions with more direct access to these markets, thereby improving information flow and reducing transaction costs.