Commodity intermediary Law and Legal Definition
Pursuant to the Uniform Commercial Code, "Commodity intermediary" means a person that is registered as a futures commission merchant under federal commodities law; or in the ordinary course of its business provides clearance or settlement services for a board of trade that has been designated as a contract market pursuant to federal commodities law.
Legal Definition list
Related Legal Terms
- Affiliate of a Futures Commission Merchant, Commodity Trading Advisor, Commodity Pool Operator or Introducing Broker
- Agricultural Commodity
- Agricultural Commodity Cooperator
- Agricultural Commodity Producer
- Bulk Agricultural Commodity
- Carry-over of Nonbasic Agricultural Commodity
- Commercial Commodity
- Commodity
- Commodity Account
- Commodity Broker (Bankruptcy)