Abbreviation for "Fuck that mate!" (or sometimes "Fuck that man!"), which is a common expression used by male youths in northern england, especially university students.
Implies that what is being suggested is undesirable, and should therefore be avoided.
northern youth 1: hey mate, we're playing Twister in the common room, do you wanna play?
northern youth 2: Twister?! wtf is that?! sounds shite, FTM!!
NY3: uni?! FTM!
NY1: ey up.
NY2: ey up mate! all's kickin off t. bradford town center - police beating asian youths. lets get down there and get involved!!
NY1: you whaa?! no way mate, bradford's forty minutes drive and I wanna watch emmerdale farm with the missis. FTM!
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