REGISTERED COMMODITY REPRESENTATIVE (RCR)


Meaning of REGISTERED COMMODITY REPRESENTATIVE (RCR) in English

A person registered with the exchange(s) and the CFTC who is responsible for soliciting business, "knowing" his/her customers, collecting margins, submitting orders, and recommending and executing trades for customers. A registered commodity representative is sometimes called a "broker" or "account executive.

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