Please explain IB!!

This is a discussion on Please explain IB!! within the First Steps forums, part of the Reception category; A person or organization that solicits or accepts orders to buy or sell futures contracts or commodity options but does ...

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Old Aug 28, 2008, 7:19pm   #16
Joined Aug 2008
Ib

A person or organization that solicits or accepts orders to buy or sell futures contracts or commodity options but does not accept money or others.
lovely patrica is offline   Reply With Quote
Old Aug 31, 2008, 10:32am   #17
 
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Joined Aug 2008
Hi there,'

I'm a newbie to the site.

I would like to know if any of you are making money from the knowledge that you are gaining from this site.

Thank you all for your time.
equindara is offline   Reply With Quote
Old Sep 1, 2008, 1:12am   #18
Joined Jul 2008
Quote:
Originally Posted by Skimbleshanks View Post
There are two meanings of IB.

As boy/keano have said, on these boards it refers to Interactive Brokers, a brokerage company.

However, on many brokerage websites in the US you will see the term IB used, and in these cases it means 'introducing broker'. In other words, they act as an introducing broker to a larger brokerage company through which your transactions would clear.

And as Interactive Brokers is the largest retail brokerage they don't have introducing brokers so you can't be an IB to IB.
lol
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