Preferred Trade

Discussion in 'Retail Brokers' started by delta1, Jun 1, 2006.

  1. delta1


    Any info on this company?
  2. lwlee


    PT still around? Man I remember joining them like 5-7 years ago. Datek and PT were the execution leaders back then.

    PT's software was what attracted me back then. Too bad they didn't grow like other firms.
  3. I used to trade with them a very long time ago too. Can hardly believe they still exist.
  4. lwlee


    I remember when I joined them how impressed I was with their instant execution. This was before everyone had it. Staging your trades was pretty cool technology.

    I was gonna get rich off of options trading. Needless to say, I am still writing off those losses.
  5. They were recently taken over by Fimat. They use an updated version of the same execution platform.

    Not a bad firm, but kind of looking for a niche I suppose. I think they used to do a lot of hedge fund business. Not sure now. Basically they are kind of an IB type firm but without the technology and access to foreign markets.
  6. delta1


    Thanks everyone, I appreciate your help!
  7. JayS


    Redsky clears some customers through them.

    FIMAT ownes Preferred and Société Générale Group (huge company) ownes FIMAT.