Investopedia

Omnibus Account

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Dictionary Says

Definition of 'Omnibus Account'

An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined in this type of account, allowing for easier management by the futures merchant.
Investopedia Says

Investopedia explains 'Omnibus Account'

This protects the identities of the individual account holders, because the futures merchant transacts for them.

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