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Futures Commission Merchant Activities 1995
Contributor(s): Comptroller of the Currency Administrato (Author)
ISBN: 1502908646     ISBN-13: 9781502908643
Publisher: Createspace Independent Publishing Platform
OUR PRICE:   $15.19  
Product Type: Paperback - Other Formats
Published: October 2014
Qty:
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.