NFA Trade Execution Audit: Are you Prepared? May 26, 2021 One of the trends we have identified during recent audits of Introducing Brokers (“IBs”) is that National Futures Association, Commodity Futures Trading Commission, and CME Group examiners are becoming increasingly granular about their testing of trade execution record keeping. In particular, we are seeing attempts to evaluate how brokerage firms are able to “recreate the trade”.
NFA Trade Execution Audit: Are you Prepared? Jan 31, 2020 National Futures Association, Commodity Futures Trading Commission, and CME Group examiners are becoming increasingly granular about their testing of trade execution record keeping. The following article describes what you can do to protect your firm when this part of your business is reviewed.