View source for Trading Privilege Holder

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A Trading Privilege Holder, or TPH, is the designation frequently given to an entity that holds the right to [[trade]] at an [[exchange]]. Entities who hold such rights can include [[futures commission merchants]] (FCMs), [[introducing broker]]s (IBs) or [[commodity trading advisor]]s (CTAs).<ref>{{cite web|url=http://cfe.cboe.com/trade-cfe/trading-permits|name=Trading Permits|org=CBOE|date=April 11, 2017}}</ref><ref>{{cite web|url=https://www.cboe.org/members/generalinfo/|name=General Info Main|org=CBOE|date=April 12, 2017}}</ref><ref>{{cite web|url=http://www2.ccfe.com/ccfeContent.jsf?id=4566050|name=Trading Privilege Holders|org=CCFE|date=April 12, 2017}}</ref>

== References ==
<references />
[[Category:Definitions]]
[[Category:Exchange Trading Rights]]