Proprietary Account

This Issue in United States

Concept of Proprietary Account in Futures Trading

In this context of financial law, the following is a definition of Proprietary Account: 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.