Trading broker and clearing broker list
A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. A firm or individual who trades for his own account is called a trader.
Commodity contracts include futures , options , and similar financial derivatives. Clients who trade commodity contracts are either hedgers using the derivatives markets to manage risk, or speculators who are willing to assume that risk from hedgers in hopes of a profit.
Ever since the s, the majority of commodity contracts traded are financial derivatives with financial underlying assets such as stock indexes and currencies. When executing trades on behalf of a client in exchange for a commission he is acting in the role of a broker. When trading on behalf of his own account, or for the account of his employer, he is acting in the role of a trader. Floor trading is conducted in the pits of a commodity exchange via open outcry. A floor broker is different than a "floor trader" he or she also works on the floor of the exchange, makes trades as a principal for his or her own account.
IBs do not actually hold customer funds to margin. Home Trading Brokers and dealers Our trading members have access to roughly 36, securities denominated in more than 50 currencies. Getting access to LuxSE markets is easy.
I want to become a trading member Read more. I am already a member of Euronext markets Read more. Appendix to Trading Manual. In such circumstances, a Minimum Activity Charge as described above MAC will be calculated on a prorata temporis basis and according to the number of trades, for that trading member. VAT is not included Trading fee structure. If you need more information. Subscribe to our newsletter Sign up to our newsletter and receive regular updates and news directly from the stock exchange.
Not covered by the agreement.