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 CME's Reluctant Application To Become A Futures Broker-Dealer

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CME's Reluctant Application To Become A Futures Broker-Dealer Vide
PostSubject: CME's Reluctant Application To Become A Futures Broker-Dealer   CME's Reluctant Application To Become A Futures Broker-Dealer Icon_minitimeWed Oct 05, 2022 8:33 pm

Summary

   CME wants to become a Futures Commission Merchant (FCM) -- A futures market clearing broker, in competition with its clearinghouse members.
   The media consensus is that this is an empty move. The prevalent belief is CME does not want to replace the big broker-dealer middlemen, cutting them out of their commissions and fees.
   But this CME move could revolutionize retail investors’ deal with Wall Street.
   Here is how that would work.

CME's Reluctant Application To Become A Futures Broker-Dealer Image_1213655926

.https://seekingalpha.com/article/4544364-cmes-reluctant-application-to-become-a-futures-broker-dealer
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CME's Reluctant Application To Become A Futures Broker-Dealer

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