What Is an Omnibus Account? Meaning, Example, 6 Facts

When a group of investors unite their resources to buy stock, they do so in what is known as a “omnibus account.” This type of account is handled by a “futures merchant,” sometimes known as a stock broker or money manager, who combines assets from several clients and invests on their behalf. Click on each ...

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source https://www.studentsavingsclub.com/what-is-an-omnibus-account/

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