Course Overview
Anatomy of a Futures Brokerage Firm offers an inside look at how futures brokerage firms are structured. It explores the role and responsibilities of the Front, Middle and Back Offices, as well as the cross-functional teams—Legal, Compliance, Risk Management, and Financial Management that advise, monitor, and support them.
This course provides a foundation for future FIA Markets Academy online and virtual live courses.
Course Duration: 45 minutes
Course Pricing
Key Takeaways
Upon successful completion of the course, learners will be able to:
- Describe the brokerage firm's role in the futures markets.
- Identify the brokerage functions responsible for fulfilling various critical customer, exchange, clearinghouse and regulatory responsibilities.
- Engage effectively with the brokerage teams that support the learner's role.
- Demonstrate understanding of how the various functions interact.
Course Details
This course focuses on:
- The role of the brokage firm in the broader futures market.
- Cross-Functional teams, their function and interaction with other teams.
- Front Office: Sales, client onboarding, research, and execution desk.
- Middle Office: Client services, trading platform support, client IT support and margin collection.
- Back Office: Settlement, delivery, exercise and assignment and reconciliation.
It uses interactive activities to guide learners in building their own brokerage firm, working through real-world scenarios, and testing their knowledge with a 15-question assessment.
Who Should Take This Course?
- Brokerage Firm Staff who want to understand how their role fits into the broader operations of the firm, and how it connects with customers, other brokerage firms, and regulatory bodies.
- Futures Customers who want insight into the sales, execution, customer service, trade processing, and other operational functions that work together to support them.
- Exchange and Clearinghouse Professionals who need to understand the inner workings of their members.
- Regulatory staff who are seeking a clearer picture of how brokerage firms are structured to meet industry requirements.
- Students and Interns exploring career paths in the futures industry and looking to understand where their skills and interests could fit.
This course presumes a basic understanding of the futures industry and how futures and options markets function.
Course Pricing
