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Screenshot of a breaking news alert e-mail from Q2 2017
Advantage Futures, the North American futures clearing firm, has just announced it has managed to set a record in terms of high client funds. As of today – June 2, 2015, the funds of Advantage Futures’ clients exceed $625 million, a sum which is nearly 40% higher than a year ago.
The clearing firm marks its twelve year anniversary concurrent with this milestone. Advantage and its 100 employees have processed over 3.2 billion contracts since their founding on June 2, 2003, an achievement that puts it among the highest volume clearing firms in the futures industry. You may recall that in September 2014 that Advantage passed the milestone of 3 billion contracts processed.
“ Advantage deeply values each client and our team works hard to earn their trust,” commented Joe Guinan, Advantage Chairman and CEO, “As we pass these significant milestones, we appreciate the wonderful relationships we have formed, for which we are truly grateful, while we renew our dedication to serve our clientele.”
“Clients value our agency, client-focused business model. We don’t trade, so we don’t compete with them,” explained Guinan, “Integrity and transparency are important to us and to our client base.”
Amid the important strategic moves that Advantage has undertaken over the past couple of years is the acquisition of futures accounts of US clients of Institutional Liquidity (ILQ) in April 2014.
To view the original press release by Advantage Futures on its clients’ funds achievement, click here.