ELX Futures, L.P. (ELX), a leading electronic futures exchange offering a faster, more efficient global alternative to trade U.S. Treasuries and Eurodollar futures contracts, announced today that Advantage Futures LLC, a premier technology-focused futures brokerage firm, will become an authorized Participant and offer Futures Commission Merchant (FCM) services for ELX.
Neal Wolkoff, Chief Executive Officer of ELX Futures, said, “We are pleased to partner with Advantage Futures and welcome their significant customer base to our electronic trading platform. This is an exciting time for ELX and this new FCM relationship further cements our reputation as a competitive alternative in electronic futures trading.”
Joseph Guinan, Chairman and CEO of Advantage Futures, said, “As a leading high-volume clearing firm with a diverse and growing client base, Advantage continues to seek new opportunities for our clients. We received great interest in ELX Futures and we are pleased to partner with ELX to offer clearing and execution services.”