looking for clearing firm to clear remote eurex trader

Discussion in 'Index Futures' started by user2, Mar 31, 2004.

  1. nitro

    nitro

    Mark,

    When you say that Advanced Futures is a division of GHCO, does that mean that AF is an IB for GHCO?

    nitro
     
    #21     Apr 17, 2004
  2. Fortis does not clear locals. they don't want the hassle. GH, on the other hand will clear locals, but they are not a GCM on eurex, or an FCM at the CME, they only have FCM status at the CBOT. its kind of like wholesale(fortis), middle man(GH or Matrix), & retail (the extortionists that tell u they can do eminis or bonds or whatever for as much as $15 a side, and make it sound like a great deal)
     
    #22     Apr 17, 2004