A person or organization which is able to perform all the functions of a broker...
See Guaranteed Introducing Broker and Independent Introducing Broker
A person or firm that introduces customers to a market maker often in return for commission or a portion of the spread.
a full service brokerage firm, usually
a futures broker who delegates
Sometimes called a half-commission man; an individual who introduces, and usually services, a client to a clearing member of the LME.
an individual or firm that solicits or accepts orders for the purchase or sale of any commodity for future delivery on or subject to the rules of any contract market that does not accept payment from or extend credit to those whose orders are accepted. The customers of an IB also have an account with an FCM which may or may not financially guarantee the IB. Any relationship between an FCM and an IB must be disclosed to customers.
A person or organization that solicits or accepts orders to buy or sell futures contracts or commodity options but does not accept money or other assets from customers to support such orders.
A person other than an Associated Person, who takes and solicits orders for currency contracts at an exchange, but who does not hold money or manage margin.
A firm or individual that solicits and accepts futures orders from customers but does not accept money, securities, or property from the customer. An IB must be registered with the Commodity Futures Trading Commission and must carry all of its accounts through a Futures Commission Merchant on a fully-disclosed basis.
An individual or firm who can perform all the functions of a broker except one. An IB is not permitted to accept money, securities, or property from a customer. An IB must be registered with the CFTC, and conduct its business through an FCM on a fully disclosed basis.
A CTFC/NFA registered broker who solicits and services customer brokerage accounts but "introduces" (passes on) their orders to Futures Commission Merchants for execution, clearing and record keeping.
A person or legal entity that introduces customers to FXDirectDealer often in return for compensation in terms of a fee per transaction. Introducing Brokers are prevented from accepting margined funds from their clients.
Any person, other than someone registered as an associated person of a futures commission merchant, who solicits or accepts futures and related options orders but does not accept money from customers.
A firm or person engaged in soliciting or accepting and handling orders for the purchase or sale of futures contracts, subject to the rules of a futures exchange, but not in accepting any money or securities to margin any resulting trades or contracts. The IB is associated with a correspondent futures commission merchant and must be licensed by the CFTC.
A firm engaged in soliciting or in accepting orders for the purchase or sale of any commodity for future delivery.