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Customer Type Indicator Codes - CTI

What does it mean?
A system that uses four different codes to indicate the types of transactions that, on futures exchanges, are made by brokers on behalf of different clients and themselves.

In Other Words...
These codes distinguish for whom and on what type of account the trades are being placed. All of this data is included in the trade register report produced by the clearing organization.

Here are the four coded categories:
1. Member trades on their own accounts.
2. Clearing-member trades for proprietary accounts.
3. Member trades for other members presently upon the trading floor or for a controlled account of that member.
4. Member trades for customer accounts.


Related Links
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Related Terms
Associated Person | Broker Association | Changer | Clearing

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  Copyright © 2002-2006 Image Financial, LLC. All rights reserved.  
Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.