Omnibus Account

Financial Definition of Omnibus Account

Meaning of Omnibus Account

An account carried by one futures commission merchant with another futures commission merchant in which the transactions of two or more persons are combined and carried in the name of the originating broker, rather than designated separately. Related: commission house.

Related Entries of Omnibus Account in the Encyclopedia of Law Project

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Omnibus Account in Historical Law

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Legal Abbreviations and Acronyms

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