Julia – InfoComm

Introducing Broker (IB) Definition.

August 20, 2023

An introducing broker (IB) is a person or firm who solicits or accepts orders to buy or sell futures contracts, options on futures, retail off-exchange foreign currency contracts or swaps but does not accept any money or other assets from customers to support these orders. An IB must register with the Commodity Futures Trading Commission … Read more

Fuel Tax Credit Definition.

October 25, 2022

by Julia

A fuel tax credit is a tax credit that is available to businesses and individuals in the United States who purchase fuel for use in their business or personal vehicles. The credit is based on the amount of fuel purchased and the type of fuel purchased. There are two types of fuel tax credits: the … Read more