Thanks for news. Velocity taken over by Advantage. Crossland taken over by Wedbush. Which FCM is next on the list?
Velocity was bought by ILQ, not Advantage. Also, when that happened, lot of people, including myself went "oh my god". Wedbush doesn't seem anything like ILQ. So this is fine, methinks
Not really. Advantage Futures Acquires All Futures Accounts From Institutional Liquidity LLC (ILQ) CHICAGO, April 4, 2014 /PRNewswire/ -- Chicago-based futures broker Advantage Futures LLC announced today they acquired all futures accounts from non-clearing Futures Commission Merchant Institutional Liquidity LLC (ILQ). The transfer of these self-directed accounts could add over $45 million of segregated funds to Advantage. http://www.prnewswire.com/news-rele...nstitutional-liquidity-llc-ilq-253901731.html