- commodity broker
Under Title 11 U.S.C. Section 101:(6) The term "commodity broker" means futures commission merchant, foreign futures commission merchant, clearing organization, leverage transaction merchant, or commodity options dealer, as defined in section 761 of this title, with respect to which there is a customer, as defined in section 761 of this title.
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commodity broker — ➔ broker1 * * * commodity broker UK US noun [C] STOCK MARKET, FINANCE ► a person or company that trades oil, metals, grain, coffee, etc. for other people or organizations: »The website provides online price data to commodity brokers. »an… … Financial and business terms
Commodity broker — A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts… … Wikipedia
commodity broker — A broker who deals in commodity, especially one who trades on behalf of principals in a commodity market (see also futures contract). The rules governing the procedure adopted in each market vary from commodity to commodity and the function of… … Big dictionary of business and management
broker — A company or individual that executes futures and options orders on behalf of financial and commercial institutions and/or the general public. Chicago Board of Trade glossary An agent who executes trades (buy or sell orders) for customers. He… … Financial and business terms
Broker — An individual who is paid a commission for executing customer orders. Either a floor broker who executes orders on the floor of the exchange, or an upstairs broker who handles retail customers and their orders. The New York Times Financial… … Financial and business terms
Broker — For other uses, see Broker (disambiguation). Brokerage redirects here. For the not for profit organization the Brokerage , see The Brokerage Citylink. A broker is a party that arranges transactions between a buyer and a seller, and gets a… … Wikipedia
broker — An agent who brings two parties together, enabling them to enter into a contract to which the broker is not a principal. The broker s remuneration consists of a brokerage, usually calculated as a percentage of the sum involved in the contract but … Big dictionary of business and management
Commodity Futures Trading Commission v. Schor — Supreme Court of the United States Argued April 29, 1986 … Wikipedia
Commodity Futures Modernization Act of 2000 — The Commodity Futures Modernization Act of 2000 (CFMA) is United States federal legislation that officially ensured the deregulation of financial products known as over the counter derivatives. It was signed into law on December 21, 2000 by… … Wikipedia
Commodity Futures Trading Commission — U.S. Commodity Futures Trading Commission Official seal Agency overview Formed April 15, 1975 Preceding agency Commodity Exchange Authority … Wikipedia