Large FCMs

Discussion in 'Retail Brokers' started by MarketOwl, Mar 6, 2017.

  1. Robert Morse

    Robert Morse Sponsor

    I just spoke to Wedbush and the CME. OTC swaps are traded on CME ClearPort. If you have access to a broker with ClearPort, have enough capital to meet the minimum block size and the size of your trade, we can do these through Wedbush with approval. For any OTC trades, there will be a vetting process with Risk and Compliance at any FCM.

    If this is not a fairly large account with a good balance sheet, I would not count on approval.

    Bob
     
    #11     Mar 6, 2017
  2. comagnum

    comagnum

    Sounds like someone watched 'The Big Short' and got carried away.
     
    #12     Mar 6, 2017
    wintergasp likes this.