Futures Trading Terms Glossary

DISCRETIONARY ACCOUNT

Welcome to the RJO Futures trading terms glossary. Within this glossary, you will find an expansive list of trading terms covering commodity, option, and futures trading terminology. Bookmark this section as a quick reference for definitions of trading terms as you browse the Internet and our site for more information on futures and options trading within the financial and commodities markets.

D

Discretionary Account×

An account over which any individual or organization, other than the person in whose name the account is carried, exercises trading authority or control. Also referred to as a controlled or managed account.