Introducing / Carrying arrangements are entered into to allow a Member (the "introducing" broker) to use the back office facilities of another Member (the "carrying" broker). The services provided may include any combination of: the execution of trades, the clearing and settlement of trades, the custody of client funds and securities, the maintenance of books and records of client transactions, and the financing of client positions. These arrangements allow the introducing broker to rationalize its own operations while retaining its relationships with its clients.

1. Type 1 Introducing Broker
2. Type 2 Introducing Broker
3. Type 3 Introducing Broker
4. Type 4 Introducing Broker
5. What to Consider When Choosing a Carrying Broker