Category: INTRODUCING BROKERS

An Introducing Broker (IB) is a financial intermediary that connects clients with futures or securities markets but does not hold clients’ funds to execute trades. Instead, an IB establishes relationships with larger brokerages or clearing firms, which handle trade execution, custody of funds, and regulatory compliance. IBs focus on customer acquisition and service, offering clients access to markets, research, and trading platforms while earning commissions or fees for each transaction their referred clients execute. They play a pivotal role in expanding market reach and providing specialized services to traders, investors, and institutions seeking access to financial markets through established brokerage channels.

In 1983 the CFTC delegated the registration of Introducing Brokers (“IBs”) to the National Futures Association ⊕ (“NFA”).
CFTC Market Participants Division (“MPD”).

CFTC-PR-8880-24

File ID: CFTC-PR-8880-24 Date: March 19, 2024 Accessed: June 15, 2024 Headline:  CFTC Orders U.S. Bank to Pay $6 Million and Oppenheimer to Pay $1 Million for Recordkeeping and Supervision Failures for Firm-Wide Use of Unapproved Communication Methods. Source:  https://www.cftc.gov/PressRoom/PressReleases/8880-24 Categories: INTRODUCING BROKERS RECORDKEEPING FAILURES SUPERVISION FAILURES SWAP DEALERS UNAPPROVED COMMUNICATION METHODS CFTC-PR-8880-24 – Viewer: ▼▼▼ […]