Essay heading: 1 World of finance
Essay specific features
October 3, 2002
No of pages / words:
7 / 1746
Rating of current essay:
Some brokers are dually licensed, so they can broker both kinds of financial instruments. The principles for selecting any broker are the same: know what your trading goals are, and look for the right fit.
Before you can make a trade in the futures or options on futures markets, you must open an account through a licensed Series 3 commodity brokerage representative...
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In fact, however, for this commission, the broker has to be responsible to their clients for accuracy, starting from opening the trading account until completing clearing and settlement. In order to receive their commission, a broker is responsible for carrying out and executing securities trading efficiently, delivering the securities payment to the seller and passing the scrip to the buyer on time, and providing the securities depository services and ensuring that the client's securities trading account is always correct...
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