Tayloe DraughonDraughon.us - Chicago
13 January 2017 | 4732 views | 0 | Recommends 0
I have used the following flow diagram (included at the end of this post) to explain to many people how someone trading a listed future contract on a screen actually has money moved into our out of the clearing account. This is a basic view of a normal trade. Each Futures Commission Merchant (FCM), Exchange, and Clearinghouse processes transaction...
TagsTrade executionPost-trade & opsGroupCapital Markets Technology