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KKby u/karim.karimi·3dDiscussion

Onboarding Friction with Smaller Energy Futures Brokers

Anyone else finding that the onboarding and KYB process for some of the smaller, specialized brokers for energy futures is becoming increasingly onerous? I'm not talking about the Tier 1s, but those who offer specific access or better fee structures for unique contracts. The due diligence requirements seem to have ramped up significantly in the last year, even for established entities, making what should be a straightforward process a multi-week affair. It's becoming a real friction point when trying to diversify liquidity providers or access different markets for crude $CL_F spreads.

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