Futures Commission Merchant Activities 1995 Contributor(s): Comptroller of the Currency Administrato (Author) |
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ISBN: 1502908646 ISBN-13: 9781502908643 Publisher: Createspace Independent Publishing Platform OUR PRICE: $15.19 Product Type: Paperback - Other Formats Published: October 2014 |
Additional Information |
BISAC Categories: - Reference |
Physical Information: 0.1" H x 8.5" W x 11" (0.31 lbs) 50 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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. |