Why do I need a broker?

Why do I need a broker? Is there a way I can send my order straight to the exchange CME?

 

http://en.wikipedia.org/wiki/Broker

http://www.cmegroup.com/company/membership/

 

CME is not a brokerage/clearing firm. CME is an exchange. who will clear your trades?

 

He clearly has never heard of the number one website on earth.

 

What does 'clear a trade' mean?

 

http://en.wikipedia.org/wiki/Clearing_house_(finance)

 

?....lmgtfy.com?

 

That has to do with you knowing you'll get YOUR profit on winning trades and making sure you "make good" on YOUR losses on losing trades.

 

you dont need a broker or the cme. trade on the rosy exchange and you'll be fine. PM me for details

 

You dont need a broker when you want to sell something on ebay.