Definition: A broker in the commodity and futures markets is an individual who is paid a fee or commission for executing buy or sell orders for a customer. A commodity broker can manage client accounts, make trade recommendations and place trades.
Also Known As: Associated Person, Commodity Broker, Futures Broker
Examples: I called my broker to place a sell order on my soybean position.
Also Known As: Associated Person, Commodity Broker, Futures Broker
Examples: I called my broker to place a sell order on my soybean position.