Abstract:MetroTrade LLC's recent registration with the CFTC as an introducing broker and its NFA membership signify a significant development, as the company prepares for a summer launch to offer traders access to the CME Group's U.S. futures exchanges.
MetroTrade LLC's recent announcement of its registration with the Commodities Futures Trading Commission (CFTC) as an introducing broker, alongside its membership in the National Futures Organization (NFA), marks a significant milestone in the company's journey. With plans for a summer launch, MetroTrade aims to provide traders with access to the U.S. futures exchanges operated by the CME Group, offering them a gateway to the dynamic world of futures trading.
Founded by David Klotz and Ingmar Mattus in Chicago, MetroTrade arises from their collective broking experience, culminating in a vision to establish a premier trading platform. They intend to capitalize on their extensive expertise by integrating cutting-edge web and mobile technologies for their clientele.
David Klotz, boasting a robust background in the futures industry, brings his wealth of experience in FCM to MetroTrade. Meanwhile, Ingmar Mattus, based in Switzerland and co-founder of the Tickmill Group, contributes his global brokerage firm acumen to the endeavour. Andromeda Capital Partners Suisse, a Swiss-based private equity firm with investments in prominent technology and brokerage entities like AgenaTrader and Change Securities, is backing their initiative.
As MetroTrade prepares for its launch, the company is actively recruiting talent across various departments, including customer support, technology, and finance. This strategic hiring initiative reflects MetroTrade's commitment to building a skilled and dedicated team capable of delivering exceptional service to its clients.
President of MetroTrade, Klotz, emphasized that the U.S. futures markets stand as some of the deepest and most liquid markets globally. He stated that retail traders deserve a plethora of choices concerning their brokerage needs and expressed eagerness to not only meet but surpass those expectations.
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