Definitions for "omnibus account"
An account that one futures commission merchant carries for another in which...
An account held in the name of an entity or person that may be utilized for placing and clearing the trades of one or more undisclosed customers of the account holder.
An account maintained by one futures broker with another in which all the transactions of the 2 brokers are combined and carried only in the name of the originating broker, rather than designated separately.
Keywords:  steal, license, legal
a legal license to steal