registered commodity representative
- registered commodity representative
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A person who is registered with the exchanges and the CFTC and is responsible for soliciting business, "knowing" his/her customers, collecting margin, submitting orders, and recommending and/or executing trades for customers. A registered commodity representative is sometimes called a " broker" or "account executive." The CENTER ONLINE Futures Glossary
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An individual who is engaged by a member and approved by the exchange to act as a sales representative for contracts, and who is subject to all exchange rules unless the context would preclude such interpretation. Chicago Mercantile Exchange Glossary
Financial and business terms.
2012.
Look at other dictionaries:
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