See: futures commission merchant Chicago Board of Trade glossary
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See Futures Commission Merchant The CENTER ONLINE Futures Glossary
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futures commission merchant (FCM)
A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange and, who, in connection with solicitation or acceptance of orders, accepts any money or securities to margin any resulting trades or contracts. The FCM must be licensed by the CFTC. Chicago Mercantile Exchange Glossary
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Futures Commission Merchant. An individual or legal entity who is registered with the Commodity Futures Trading Commission in the USA to seek business for execution on a listed commodity exchange.
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FCM UK US noun ABBREVIATION for
► FUTURES COMMISSION MERCHANT(Cf. ↑futures commission merchant)
Financial and business terms. 2012.