Managed Money
マネージドマネー Market Players ✓ Verified Citations Market Practitioner Term<Definition> Among the broader category of market participants who engage in futures and derivatives markets not for their own physical business needs (production, consumption, inventory management) but to pursue returns from price movements or relative price differences, Managed Money refers strictly to one of the official categories in the Disaggregated Commitments of Traders (DCOT) report published by the CFTC (Commodity Futures Trading Commission): professional investment managers who manage and invest client money or pooled funds — registered commodity trading advisors (CTAs), registered commodity pool operators (CPOs), or unregistered funds identified by the CFTC — together with the positions they hold.[1]
日本語
＜定義＞ 市場参加者が、自己の実需（生産・消費・在庫管理等）ではなく、価格変動や相対的な価格差から収益を追求する目的で先物・デリバティブ市場に参加する主体を指す一般的な括りのうち、CFTC（米商品先物取引委員会）が公表する内訳別建玉報告（DCOTレポート）における公式区分の一つとして、顧客資金やファンドをプロフェッショナルとして管理・運用する投資運用業者（登録商品投資顧問業者（CTA）、登録商品プール運営者（CPO）、またはCFTCが特定した未登録ファンド）およびその保有ポジションを厳密に指す。[1]
<Mechanism>
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