Ib business refers to the agency or individual as an intermediary to recommend futures brokers to customers in need, so as to collect commissions from brokers in the middle. IB, English full name is introduction broker, which originated in America. Usually, services provided by institutions can help futures brokers develop suitable customer groups. However, for intermediaries, it is necessary to do a good job in relevant risk management in the course of operation.

Employment requirements of IB

1. Financial institutions applying for IB must meet the risk control indicator IB business conditions for half a year before applying;

2. Applicants must establish and improve business-related systems in accordance with relevant regulations, and be equipped with corresponding qualified employees and technical systems capable of engaging in business;

3. The applicant must have the ownership or control right of the futures company. The futures company also has a corresponding hierarchical member settlement system, and the risk control indicators for at least two months before the application meet the requirements;

4. In addition, other conditions stipulated by China Securities Regulatory Commission must be met.