Do you operate an Introducing Brokerage (“IB”)? How about a Futures Commission Merchant (“FCM”)? If you do than Turnkey Trading Partners (“TTP”) is for you. As a commodities brokerage or clearing house you have very specific accounting responsibilities. In particular, you will be required to adhere to stringent net capital and general commodity reporting guidelines as determined by the CFTC and National Futures Association.
In today’s ever changing financial markets, knowing your company’s accurate financial position is an imperative. Determining how much money you’ve made or lost and how that affects your net capital is one of the most complicated things any brokerage firm has to do. So whether you are required to prepare a bi-annual 1-FR-IB or a monthly 1-FR-FCM for filing with the CFTC and NFA, TTP is prepared to assist you.
TTP has the expertise to properly report and present your financial position in a manner consistent with your unique regulatory requirements. We’ll be there to help you on a monthly basis with the preparation of your financial records and to insure that they are compiled in an accurate and efficient manner. Working with Turnkey Trading Partners will provide you with piece of mind and ultimately help to keep your business from falling on hard times.
So what are you waiting for? Contact a TTP representative today or fill out our conact form to learn more about our day to day book keeping options.