International Finance Group Exchange
Experts in Rule 144 Stock Clearing.
omnibus accounts
What Is an Omnibus Account?
An omnibus account allows for managed trades of more than one person, and allows for anonymity of the persons in the account. Omnibus accounts are used by futures commission merchants.Transactions within the account are carried out in the name of the broker, protecting the individual identities of the two or more people invested in the omnibus account. The broker managing the omnibus account typically has the ability to execute trades on behalf of investors with funds inside the omnibus account. Trades are made in the name of the broker, although trade confirmations and statements are provided to customers within the account.
Why We Are Different?
We are managing omnibus accounts in a such way where you can see your position and your shareholders positions.
KEY TAKEAWAYS
An omnibus account allows for managed trades of more than one person.
Omnibus accounts allow more efficient transactions to take place, since the manager can act swiftly when market conditions call for it.
Also, the manager’s compensation is often tied to the performance of the omnibus account, adding incentive to have it perform well.
For investors that want privacy, an omnibus account is beneficial.