IBs

At MF Global we offer various structures for Introducing Brokers or other Introducers. The most common structures are listed below:

• Omnibus Accounts
• Disclosed Client Accounts
• Introducers Arrangement

Omnibus
Omnibus accounts tend to be used by Brokers who have full BackOffice and in-house futures/forex accounting facilities. The Broker transacts all business for his clients and one account is opened in the name of the Broker. In some cases we provide electronic trading platforms with sub account capability.

Disclosed
A Fully Disclosed account is opened by individual clients of an Introducing Broker ("IB"). Each client completes the MF Global account opening documentation. To enable the IB to place orders on his behalf the client completes a Power of Attorney authorising the IB to trade. The IB shares in the commissions charged to the client by MF Global. To operate as an IB it is necessary to satisfy MF Global with respect to ethical and financial integrity. In addition, the IB needs to demonstrate that he is operating from a business area covered by its own regulatory authority. IBs are also given the ability to place orders online for individual clients.

Introducers
MF Global will, under certain circumstances, arrange to pay a fee, or rebate a share of a client's commission in return for introducing a client. Any such fees paid to a third party may be disclosed. Introducers have no control or influence over the running of the accounts.

For additional information on Introducing arrangements contact MF Global.

Managed Futures CTA's

For those clients that would like their account managed by a professional Commodity Trading Advisor (CTA), we have relationships with a number of regulated CTAs. In fact, we clear over 10% of all CTA money invested internationally.

For further details, please contact us on +44 (0) 20 7144 5635 or by email at tradenow@mfglobal.com