commission merchant

noun

1. broker ( def 1 ).

Example Sentences

Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant.

From Seattle Times

A separate complaint by the Commodity Futures Trading Commission alleges that only about $9 million of the $59 million raised from investors appears to have been sent to a futures commission merchant for trading purposes.

From Washington Post

“Bank Secrecy Act obligations that apply to a broker-dealer in securities, mutual fund, futures commission merchant or introducing broker - such as developing an anti-money laundering program or reporting suspicious activity - apply very broadly and without regard to whether the particular transaction at issue involves a ‘security’ or a ‘commodity’ as those terms are defined,” the regulators said.

From Reuters

Commodities Futures Trading Commission fined Bitfinex $75,000 for offering “illegal” cryptocurrency transactions and failing to register as a futures commission merchant.

From Reuters

Commodities Futures Trading Commission fined Bitfinex $75,000 for offering “illegal” cryptocurrency transactions and failing to register as a futures commission merchant.

From Reuters