Log in or Sign up

ET News & Sponsor Info

General Topics

Markets

Technical Topics

Brokerage Firms

Company Specific

Interactive Brokers

Tools of the Trade

Trading for a Living

Community Lounge

Site Support

Feedback

Does AMP have limited trading authorizations? Does any futures broker?

Discussion in 'Retail Brokers' started by vic38, Feb 12, 2024.

Sprout
- 5,341
  Posts
- 4,078
  Likes
Robert Morse said:
In an equity account, a regulated trading account, the broker needs to accept the LTA and that person as someone they will allow that function. We do quick background checks. What if that person is barred from the business or has financial felonies etc. On the Futures side, there is all that plus the CME wants to know who the trader is. Each platform can only be issued to one trader. So yes, the LTA must be filed and excepted.
More...

I think you mean accepted whereas excepted conveys the opposite meaning.

Strange though that AMP doesn’t accept a standard LPOA.

#21 Feb 12, 2024

Share

(You must log in or sign up to reply here.)

Search