proprietary account

Definition of "proprietary account"
  1. A type of account held by a futures commission merchant for its own or a closely tied entity's benefit, separate from its customers' funds
How to use "proprietary account" in a sentence
  1. The futures commission merchant operates his proprietary account independent of the funds of his clients.
  2. The firm created a proprietary account for its own investment strategies.
  3. To avoid conflicts of interest, the brokerage always segregates funds between proprietary accounts and those of customers.

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