First, distinguish from the concept.
1 Introduce brokers
An introductory broker refers to an individual or an institution that introduces a customer's business to a futures company. Therefore, it can be seen that the broker introduced refers to the individual or institution that the futures company develops customers. Securities companies bring customers' business to futures companies by providing intermediary services, and customers can also participate in futures trading through securities companies.
2 futures intermediaries
The Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Futures Disputes clearly defines the legal connotation of futures intermediaries. Futures intermediary institutions are citizens or legal persons who accept the entrustment of customers or futures companies to provide intermediary services for them to sign contracts or conclude futures brokerage contracts.
Second, distinguish from the source of business income.
1 Introduce brokers
The source of business income of individuals or institutions as brokers is futures companies, which introduce customers to futures companies, customers participate in futures trading through securities companies, and futures companies pay certain commissions to brokers.
2 futures intermediaries
The business provided by futures intermediaries is two-way, and fees can be charged to customers or futures companies according to their clients. That is to say, customers can be paid for providing signing opportunities or services, and futures companies can be paid for providing signing opportunities or services.
Third, from the nature of division.
1 Introduce brokers
An individual or institution engaged in brokerage business shall sign a written entrustment agreement with a futures company.
2 futures intermediaries
Futures intermediaries are independent of customers and companies, and are not parties to futures brokerage contracts concluded by futures companies.
Fourth, distinguish from the division of responsibilities.
1 Introduce brokers
The introduction of brokers is authorized by the headquarters, which bears joint and several liability.
2 futures intermediaries
Futures brokers independently bear civil liability based on brokerage relationship.
From the point of view, the introduction broker can be compared to full-time, and the futures broker is equivalent to part-time. Futures intermediaries do not enjoy the company's salary, insurance and welfare benefits, but only receive business remuneration.