Board Broker System
The system used by many commodity exchanges in which members are assigned specific commodities to manage.
Investopedia Commentary
A board broker system is similar to the systems applied in large stock markets such as the Nasdaq and NYSE. The goal of this system is to provide liquidity for contracts with minimal transaction costs.
Related Links
Futures Fundamentals
The Tale Of Two Exchanges: NYSE And Nasdaq
See also: Blackboard Trading, Board Broker, Commodity, Exchange, Free Crowd System, Futures Contract, Liquidity, Nasdaq, NYSE, Transaction Costs