Futures Commission Merchants (FCMs) are financial entities registered with the Commodity Futures Trading Commission (CFTC) and regulated by the National Futures Association (NFA) in the United States. They act as intermediaries between traders (individuals or institutions) and the futures exchanges where contracts for commodities, financial instruments, and other assets are traded. FCMs facilitate futures and options transactions by executing trades on behalf of their clients and providing clearing and settlement services. They play a crucial role in the futures markets by managing the logistics of trading, including margin requirements, account maintenance, and ensuring compliance with regulatory standards. FCMs may also offer advisory services related to trading strategies and risk management, catering to a wide range of market participants from individual investors to large institutional clients.

CFTC – Futures Commission Merchants (FCMs)


File ID: CFTC-PR-8914-24 Date: May 23, 2024 Accessed: June 21, 2024 Headline:  CFTC Orders J.P. Morgan to Pay $200 Million for Supervision Failures. CFTC Finds J.P. Morgan Failed to Surveil Billions of Client Orders on a U.S. Designated Contract Market. Source: Categories: FUTURE COMMISSION MERCHANT (FCM) SWAP DEALER SUPERVISION FAILURES CFTC-PR-8914-24 – Viewer: ▼▼▼ (Download PDF […]


File ID:  CFTC-PR-8909-24 Date:  May 13, 2024 Accessed:  June 20, 2024 Headline:  CFTC Issues Order Against Crypto Prime Brokerage Firm for Unlawfully Providing U.S. Customers Access to Digital Asset Derivatives Trading Platforms. CFTC’s First Action Against an Intermediary for this Kind of Violation of CFTC Rules. Source: Categories: AGENCY RULES-CHANGES CFTC RULES-CHANGES FUTURES COMMISSION MERCHANTS (FCM) […]


File ID:  CFTC-PR-8902-24 Date:  April 30, 2024 Accessed:  June 20, 2024 Headline:  Commodity Futures Trading Commission Approves Final Rules on Large Trader Reporting for Futures and Options. Source: Categories: AGENCY RULES-CHANGES CFTC RULES-CHANGES FUTURES COMMISSION MERCHANTS (FCM) LARGE TRADER REPORTING CFTC-PR-8902-24 – Viewer: ▼▼▼ (Download PDF File )


File ID:  CFTC-PR-8866-24 Date:  February 20, 2024 Accessed:  June 15, 2024 Headlines:  CFTC Approves Proposed Rules and Other Commission Business: Source: Categories: AGENCY RULES-CHANGES FUTURES COMMISSION MERCHANTS (FCM) FOREIGN BOARDS OF TRADE (FBOTs) DESIGNATED CONTRACT MARKETS (DCM) DERIVATIVES CLEARING ORGANIZATION (DCO) CFTC-PR-8866-24 – Viewer: ▼▼▼ (Download PDF File )