Futures Commission Merchant Activities 1995

ISBN-13: 9781502908643 / Angielski / Miękka / 2014 / 50 str.

Comptroller of the Currency Administrato

Opis

A national bank generally establishes a futures commission merchant (FCM) operating subsidiary for one of two reasons. First, a FCM operating subsidiary provides a bank that engages in futures and options transaction flow and reducing transaction costs. Second, establishing a FCM operating subsidiary allows a national bank to provide an additional service - that of executing and/or clearing futures and options contracts- to bank customers.