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Institution record

Farmers

Farmers & Merchants Bank

Risk level not supplied4 of 4 licences marked regulated
Source score
—
Warnings
0
Comments
0

Licence records

Licences within our coverage (futures, options and derivatives providers) are listed first. Check each one on the regulator's own register.

RegulatorLicence no.StatusLicensed entityDate
SECTier-1
In our coverage
U.S. Securities and Exchange Commission
CIK 0000714537RegulatedF & M Bank Corp.1984
VBFITier-3
Virginia Bureau of Financial Institutions
Number pending checkRegulatedFarmers & Merchants Bank1908
FDICTier-1
Federal Deposit Insurance Corporation (U.S.)
9966RegulatedFarmers & Merchants Bank1908
FRSTier-1
U.S. Federal Reserve System
1133453RegulatedF & M Bank Corp. / Farmers & Merchants Bank1908

Peer regulatory & risk comparison

Side-by-side supervisory and risk benchmark comparing Farmers against peer institutions in our futures, options and derivatives providers dataset.

Full directory →
InstitutionPrimary regulatorsRegulated / totalRisk classificationSource scoreWarnings
Farmers (this record)
SECVBFIFDIC+1
4 / 4Risk level not supplied—0
StoneX
SECMASASIC+2
5 / 5Risk level not supplied—0
Robinhood
SECSECNFA+6
9 / 9Risk level not supplied—0
eToro
FCAFSAASIC+5
6 / 8Risk level not supplied—0
Doo Prime
FCAFSASEC+4
7 / 7Risk level not supplied—1
MUFG Bank
FSAFCAMAS+4
7 / 7Risk level not supplied—0

Farmers: institutional due diligence FAQ

Key supervisory, licensing, and counterparty verification questions generated from the dataset.

What is Farmers's regulatory licence status and supervisory authorisation?

In our imported dataset, Farmers (legal entity reference: Farmers & Merchants Bank) holds 4 recorded licence entries, of which 4 carry a "regulated" status and 4 are marked regulated or registered: SEC (U.S. Securities and Exchange Commission) — licence CIK 0000714537, status: regulated, Tier-1; VBFI (Virginia Bureau of Financial Institutions) — licence Number pending check, status: regulated, Tier-3; FDIC (Federal Deposit Insurance Corporation (U.S.)) — licence 9966, status: regulated, Tier-1; FRS (U.S. Federal Reserve System) — licence 1133453, status: regulated, Tier-1. Institutional due diligence requires verifying that the exact legal entity on your counterparty agreement matches the licensed entity name and registration number on the official SEC, VBFI, FDIC public register.

Which of Farmers's jurisdictions and licences fall within this site's regulatory coverage?

This directory focuses on futures, options and derivatives providers. 1 of Farmers's 4 licence records fall directly within this jurisdictional mandate: SEC (licence CIK 0000714537, regulated, entity: F & M Bank Corp.). Always confirm whether client money segregation and statutory investor compensation schemes apply to the specific subsidiary onboarding your account.

What is Farmers's institutional risk classification, enforcement exposure, and score profile?

Farmers carries a "risk level not supplied" classification in the source dataset (composite numeric scores are not supplied for this record). The record flags 0 regulatory warning or complaint counts. Because these figures reflect imported source fields rather than primary audit findings, compliance teams should review primary enforcement bulletins directly.

What operational due diligence steps apply to Farmers's platforms, entity structure, and complaints?

Before allocating capital or executing trades with Farmers (listed execution software: F&M Bank, VA), institutional and retail allocators should: (1) confirm the domain (not supplied in source) against regulator-approved domains to guard against clone firms; (2) verify whether any of the 0 recorded warning/complaint entries or 0 user comments involve withdrawal restrictions or scope violations; and (3) confirm the dispute-resolution ombudsman tied to SEC.

Editorial briefings and compliance research from VolSurface Desk relevant to Farmers's supervisory scope.

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Volatility Surface & Dealer Flow Mechanics

Vanna-Charm Second-Order Greeks Hedging Flows, S&P 500 25-Delta Skew Term Structure & Dealer OpEx Pin Risk Mechanics (2026 Quantitative Desk Manual)

Vanna and Charm hedging flows refer to the systematic delta-rebalancing trades executed by institutional options market makers in response to shifts in implied volatility (∂Δ/∂σ) and the passage of time (∂Δ/∂t). Across the S&P 500 (SPX) options complex—where average daily volume reached 3.34 million contracts [3.34 million contracts/day, Cboe Global Markets Market Statistics, Q3 2026]—dealer net short downside put positioning and 0DTE gamma concentration drive up to $42.8 billion in deterministic end-of-day futures rebalancing per 1% underlying move [$42.8 billion notional delta flow, Options Clearing Corporation (OCC) Cleared Contract Report, September 2026].

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Second-Order Greeks & Hedging

Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX): FOMC & CPI Event Volatility Crush & Forward Variance Decomposition (59.0% Share of SPX Options Volume Benchmark)

Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX) (SPX-0DTE-GEX) stands at 59.0% (Share of SPX Options Volume) (Source: Cboe Global Markets, 2026-10-20), governing extracting single-day event varianc

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Second-Order Greeks & Hedging

Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX): Correlation Spike Stress Audit & Institutional Dispersion Unwinds (59.0% Share of SPX Options Volume Benchmark)

Cboe SPX 0DTE Options Volume (59% Share) & Dealer Gamma Exposure (GEX) (SPX-0DTE-GEX) stands at 59.0% (Share of SPX Options Volume) (Source: Cboe Global Markets, 2026-10-20), governing index variance vs. constituent sing

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VIX Term Structure & Skew

Vanna (dDelta/dVol) & Charm (dDelta/dTime) Second-Order Dealer Hedging: Dealer Delta/Gamma Hedging Equations & E-Mini S&P 500 Futures Impact (6.5 hrs Intraday Cash Decay Window Benchmark)

Vanna (dDelta/dVol) & Charm (dDelta/dTime) Second-Order Dealer Hedging (VANNA-CHARM-FLOWS) stands at 6.5 hrs (Intraday Cash Decay Window) (Source: Cboe Options Institute, 2026-10-20), governing intraday futures rebalanci

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Farmers — Regulation, Licence Records & Risk Profile | VolSurface Desk