Association of Futures Brokers and Dealers Ltd.

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Association of Futures Brokers and Dealers Ltd.

A self-regulatory organization in the United Kingdom that assists in the regulation of British futures exchanges. Primarily, the AFBD maintains a framework to which brokers and dealers on futures exchanges are expected to conform. It was established in 1984.
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A past Chairman of the formation committee of the International Petroleum Exchange, he was also Vice Chairman of the London Commodity Exchange and a council member of the Association of Futures Brokers and Dealers, which became the Securities and Futures Association (SFA) and was subsequently merged into the Financial Services Authority (FSA).
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