COMMODITY POOL OPERATOR

commodity pool operator: translation

An individual or organization that operates or solicits funds for a commodity pool. Chicago Board of Trade glossary

————

( CPO)

An individual or firm who accepts funds, securities, or property for trading commodity futures contracts, and combines customer funds into pools. The larger the account, or pool, the more staying power the CPO and his clients have. They may be able to last through a dip in prices until the position becomes profitable. CPOs must register with the CFTC and NFA, and are closely regulated. The CENTER ONLINE Futures Glossary