An FCM - "futures commision merchant" typically is the clearing agent although there is such thing as a non clearing FCM. An IB is an "Introducing broker" which typically handles the retail clients and introduices them to the clearing companies.
Anybody know a good place to get a good offcie desk for trading. Looking for an L shape desk that can handle multiple monitors but looks good as well. Thanks in advance
TD Ameritrade just hooked up with ninja. I believe you can trade stocks through them now. I have an account there but havent tried it yet. http://www.tdameritrade.com/tradingtools/partnertools.html
contact ninja support and they will tell you how to connect.
Problem is these products have NO liquidity at all. That will change if more traded it of course. Good luck to the first few. LOL Just think of the $ the CME will lose from not having the ER. Somehow i dont feel bad for them. The exchange fees are way to high to begin with.
Here you go: http://www.cme.com/html.wrap/wrappedpages/clearing/pbrates/PBISHomePage.htm?h=2
This shows the overnight margin for CME products. Like the last post said, intraday depends on your broker