Broker Association

What is Broker Association?

Broker Association meaning Two or more persons with exchange trading privileges who (1) share responsibility for executing customer orders; (2) have access to each other’s unfilled customer orders as a result of common employment or other types of relationships; or (3) share profits or losses associated with their brokerage or trading activity.

 

reference: U.S. COMMODITY FUTURES TRADING COMMISSION – CFTC Glossary

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