Customer Type Indicator Codes - CTI


DEFINITION of 'Customer Type Indicator Codes - CTI'

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.

BREAKING DOWN 'Customer Type Indicator Codes - CTI'

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.

  1. Large Trader

    An investor or organization with trades that are equal to or ...
  2. Broker Association

    A permitted association between exchange members who have shared ...
  3. Associated Person

    The name given to participants within the futures market that ...
  4. Changer

    The name given to a clearing member that is willing to assume ...
  5. Even Lot

    A normal unit of trading for securities or bonds. An even lot ...
  6. Clearing

    The procedure by which an organization acts as an intermediary ...
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