Proprietary Account

What is Proprietary Account?

Proprietary Account meaning An account that a futures commission merchant (FCM) carries for itself or a closely related person, such as a parent, subsidiary or affiliate company, general partner, director, associated person, or an owner of 10 percent or more of the capital stock. The FCM must segregate customer funds from funds related to proprietary accounts.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary