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• A futures commission merchant (FCM) is a person or a firm that acts as an agent to execute buy or sell orders for futures contracts or commodity options.

  You may open an account directly with an FCM or place your orders through an introducing broker or commodity trading advisor.

  Yahoo Finance - Cite This Source - This Definition
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  Cite Definition for Futures Commission Merchant (FCM)

  American Psychological Association (APA)

  Futures Commission Merchant (FCM). (n.d.). Yahoo Personal Finance Glossary. Retrieved March 27, 2023, from website: http://www.expertglossary.com/definition/futures-commission-merchant-fcm.

  Chicago Manual of Style (CMS)

  Futures Commission Merchant (FCM). finance.yahoo.com. Yahoo Personal Finance Glossary. Yahoo Finance. http://www.expertglossary.com/definition/futures-commission-merchant-fcm (accessed: March 27, 2023).

  Modern Language Association (MLA)

  "Futures Commission Merchant (FCM)." Yahoo Personal Finance Glossary. Yahoo Finance. 27 March. 2023 http://www.expertglossary.com/definition/futures-commission-merchant-fcm.

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