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Glossary   >   C   >   "Commission house" Definition            Commission house A firm which buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account. Another term used to describe brokerage firms because they earn their living by charging commissions. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Commission house - A firm which buys and sells futures contracts for customer accounts. Related: futures commission merchant, omnibus account.

Another term used to describe brokerage firms because they earn their living by charging commissions.