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Simple English definitions for legal terms

futures-commission merchant

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A quick definition of futures-commission merchant:

A futures-commission merchant is a person or company that helps people buy and sell things called futures or futures options. They take orders from people who want to buy or sell these things and make sure the transactions happen smoothly.

A more thorough explanation:

Definition: A futures-commission merchant is a person or company that carries out orders to purchase or sell futures or futures options.

Example: John wants to buy a futures contract for wheat. He contacts a futures-commission merchant who will execute the order on his behalf. The futures-commission merchant will charge John a commission for their services.

Explanation: A futures-commission merchant acts as a middleman between the buyer and seller of futures contracts. They execute orders on behalf of their clients and charge a commission for their services. In the example, John wants to buy a futures contract for wheat, but he doesn't have direct access to the futures market. The futures-commission merchant acts as an intermediary, executing the order on John's behalf.

futures | futures market

General

General chat about the legal profession.

General >T14 Off Topic

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llama

16:16

prolly named veronica or sarah

windyMagician

16:16

@Dkk: for public defense tho?

windyMagician

16:16

Sarah in the bathroom

texaslawhopefully

16:17

@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.

windyMagician

16:17

fuck okay

windyMagician

16:17

going to my dream school is crazy

KnowledgeableRitzyWasp

16:18

michigan also has better options if you do PD for 10 years then want to do something else

windyMagician

16:19

also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?

llama

16:20

would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like

texaslawhopefully

16:23

For fed clerkships by far Michigan places better. I think it’s like 14-15 percent

windyMagician

16:25

sticker debt is high-key scary tho

texaslawhopefully

16:26

I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.

cheriebomb

16:34

i am going to wait patiently into january to get into a law school

cheriebomb

16:34

then i will start tweaking

texaslawhopefully

16:42

January could not come any sooner

cheriebomb

16:54

i hope you guys all have a very lovely holiday season

cheriebomb

17:02

has everyone finished procuring their presents?

cheriebomb

17:02

I got my sis a vintage leather jacket off ebay she’s gonna freak she only has fake stuff

riverstart-prize

17:09

hi all

CynicalOops

17:14

Ive been slacking so hard on tickets fawk

CynicalOops

17:14

Wait

CynicalOops

17:14

Presents

jackfrost11770

17:14

https://www.reddit.com/r/lawschooladmissions/comments/1hk7hfv/whats_your_favorite_soft_factor_youre_applying/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button dox oclock over here

CynicalOops

17:14

Im just gonna get everyone tickets so thats why i said that

jackfrost11770

17:14

people are so stupid on the internet its crazy

CynicalOops

17:15

T5 soft

windyMagician

17:18

that and the post asking for low gpa success stories along with every other identifying detail

KnowledgeableRitzyWasp

17:21

i should be a vtuber so i can finally realize my dream of becoming an anime girl

cheriebomb

17:23

@CynicalOops: tickets to what?

CynicalOops

17:26

I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort

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