Understanding Futures Transaction Flow – A Basic Introduction

Over the years, I have heard everything from overly-simplified to overly-complex descriptions of how listed futures trades are processed. For the purpose of clarity, the following flow diagram is one that I have used to explain the trade flow process to many people entering the industry. However, each Futures Commission…

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A Transforming World for Broker Dealers

US Regulators are seeking a “Culture of Compliance” among trading firms. Global regulators are increasing their scrutiny of market manipulation. New regulations are requiring broker dealers to know more about technology use among their clients than ever before.  Pre-Trade risk controls are actively being monitored. Capital requirements are growing. Market…

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