OMNIBUS ACCOUNT


Meaning of OMNIBUS ACCOUNT in English

An account carried by one Futures Commission Merchant (FCM) with another. The transactions of two or more individual accounts are combined in this type of account. The identities of the individual account holders are not disclosed to the holding FCM. A brokerage firm may have an omnibus account including all its customers with its clearing firm.

A guide to futures and options market technology English dictionary.      Английский словарь-руководство по фьючерсам и опционам рыночных технологий .