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Gbathat

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Gbathat

Re: jaykk post# 3868

Friday, 05/23/2008 9:53:32 AM

Friday, May 23, 2008 9:53:32 AM

Post# of 16405
from investopedia.com

Introducing Broker

A futures broker who has a direct relationship with a client, but delegates the work of the floor operation and trade execution to another futures merchant. The merchant firm is usually a close partner of the IB.

Investopedia Says... This is done to increase efficiency and lower the work load for futures brokers. It allows the IB to focus on the client while the futures merchant focuses on trading floor operations.

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So I guess the IB would be paid by the trader in exchange for the strategy and customer volume?

God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.

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