Meaning 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
More terms such as Omnibus account in Dictionary O.
- Definition Order Splitting:
- Examples Breaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD omnibus account definition.
- Definition Or Better:
- Examples of general equities. Indication on the order ticket of a limit order to buy or sell securities at a price better than the specified limit price if a better price can be obtained. Does not imply a omnibus account explain.
- Definition OPM:
- Examples Stands for other people's money, which refers to borrowed funds used to increase the return on invested capital omnibus account what is.
- Definition Obligor:
- Examples A person who has an obligation to pay off a debt omnibus account meaning.
- Definition Option Price:
- Examples Also called the option premium; the price the buyer of the options contract pays for the right to buy or sell a security at a specified price in the future omnibus account abbreviation.
