Clearing Firms

Discussion in 'Retail Brokers' started by TGregg, May 16, 2003.

  1. TGregg


    One thing I've noticed here at ET, is there is occasional discussion about which clearing firm a broker uses, but there does not seem to be any indications that one clearing firm is better than another.

    I'm not sure how much of a difference there can be, if one is trading electronic markets. But, does anybody know what differences there are?
  2. The differences that I have come across are merely cosmetic. None the less, even though most of our business is DVP, the hedge funds that we deal with want to know that there is a clearing firm behind our BD that has a strong name and reputation.