WebIntroducing Brokers are core to our business model at StoneX. Given our extensive experience in exchange-traded futures and cash foreign exchange, StoneX is positioned to provide the execution, clearing, and customer service you require. With StoneX, you not only have an FCM focused on your overall success but also a dedicated Broker ... WebOct 4, 2007 · The NFA has just released a new rule that will prevent many current IBs from continuing their business. An IB basically introduces a forex account holder to a dealer (in most cases an FCM) and in return collects a rebate on every lot that account trades. Some IBs actually work as a broker and provide a service to their account holders but in ...
Commodity Futures Trading Commission CFTC
WebJan 21, 2024 · Every broker, FCM or IB, is going to have their commission and fee schedules somewhere, and you could find it (although you might have to talk to them directly first.) Someone else may have a better response, or may have direct experience that is pertinent. Bob. When one door closes, another opens. WebIntroducing broker (IB). An introducing broker is a broker-dealer that contracts with a clearing firm to handle the execution and settlement of orders that the introducing firm … central coast living options nsw
The NFA drops the big one on IBs - Could it affect you?
WebMay 10, 2024 · GIBs are introducing brokers that enter into a guarantee agreement with an FCM (Futures Commission Merchant i.e .StoneX Financial Inc., Marex, RJO, etc). In … Webintroducing broker, the person or individual opening the account shall be deemed to be a . customer. of both” the FCM and IB. 10. 10. 31 CFR § 1026.100(d)(3) Based on the … WebMay 10, 2024 · GIBs are introducing brokers that enter into a guarantee agreement with an FCM (Futures Commission Merchant i.e .StoneX Financial Inc., Marex, RJO, etc). In this arrangement, the broker agrees to exclusively work with one FCM. In exchange, the FCM shares the broker’s liability under the Commodity Exchange Act and helps the IB meet … central coast marble and granite