What is the meaning of Omnibus Account?

Omnibus Account is an account carried on the books by one futures commission merchant (FCM) for another FCM. Here, the transactions of multiple accounts are combined and viewed as one for bookkeeping purposes. This operation does not require the disclosure or identification of the underlying account owners.

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APABarry Goldsmith. (2010). omnibus account. Retrieved September 21, 2026, from http://smartdefine.org/omnibus_account/definitions/1159595
ChicagoBarry Goldsmith. 2010. "omnibus account" http://smartdefine.org/omnibus_account/definitions/1159595 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, omnibus account, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/omnibus_account/definitions/1159595>.
MLABarry Goldsmith. "omnibus account" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/omnibus_account/definitions/1159595>