www.focusfutures.com

virgin · Dec 23, 2004

Looks like a new kid on the block ..

Anybody knows them, is this an IB,who is clearing their trades ?

Maverick1 · Dec 23, 2004

Looks like they're blowing away the competition with those super low rates.. or am I missing something?

Nana Trader · Dec 23, 2004

Quote from virgin:

Looks like a new kid on the block ..

Anybody knows them, is this an IB,who is clearing their trades ?

Yes, they are IB. You can check every brokers wire funding
address to see who is the clearing firm.

They are clearing through Rosentile RCG. If you subscribe to
their CME LLC partnership program (your money won't be
in your name, if you trust them) your cme clearing fee for
example Euro fx future will be lowered from $1.65 per side
to $0.44 per side. Total saving of $2.42 each round turn
for Euro fx and $1.40 round turn for Eminis NQ, ES

Huge saving...

SethArb · Dec 23, 2004

is this IB part of a larger group of IB's ?

-GLOBAL FUTURES EXCHANGE & TRADING CO INC-
-NFA ID: 0289721-

-Doing Business As-

â¢_ADVANCED FINANCIAL WORLDWIDE INC
â¢_ADVANCED FUTURES
â¢_ADVANCEDFOREX.COM
â¢_DAYTRADE 4 LESS
â¢_EGLOBALFX.COM
â¢_FOCUSFUTURES.COM
â¢_GLOBALFUTURES.COM
â¢_TRADINGINDEX.COM

Xenia · Dec 24, 2004

Global Futures (alias Focus Futures) now publishing their rates ?

Good idea. Anyone opened an acount already ?

Xenia · Dec 24, 2004

Quote from SethArb:

Is this IB part of a larger group of IB's ?

-GLOBAL FUTURES EXCHANGE & TRADING CO INC-
-NFA ID: 0289721-

-Doing Business As-

â¢_ADVANCED FINANCIAL WORLDWIDE INC
â¢_ADVANCED FUTURES
â¢_ADVANCEDFOREX.COM
â¢_DAYTRADE 4 LESS
â¢_EGLOBALFX.COM
â¢_FOCUSFUTURES.COM
â¢_GLOBALFUTURES.COM
â¢_TRADINGINDEX.COM

They bought Advanced Futures a while ago.

The other stuff is their domains and their "forex operation".

www.elitetrader.com/vb/showthread.php?threadid=35599

bladerunner · Dec 24, 2004

it is global futures.
check their business address.
the problem is that it requires you to open with a $20k dep.

kalinka · Dec 24, 2004

You also have to pay for the platform, X-trader Usd 650
per month!

Nana Trader · Dec 24, 2004

Quote from bladerunner:

it is global futures.
check their business address.
the problem is that it requires you to open with a $20k dep.

Somtimes $20k=$10k

Because Velocity futures accept
$10k for their partnership.

Yes, that's excluding X-trader fee, but including J-trader fee.

quintrix · Dec 24, 2004

Question: clarification

With this "new" trading firm, using X Trader we'll have 0.75 + 0.75 + 2.32 (RT fees) plus 625 $ one exchange = 1.91 per side

with Pats:

J Trader = 1.25 + 2.32 = 3.57........1.785$ per side
Strategy lite = 1.25 + 0.25 + 0.25 + 2.32 = 4.07...2.035 $ per side
Ninja Trader = 1.25 +2.32 = 3.57 or 1.785$ per side + 50$ per months

It is correct??

and why Global Futures has a deep discount margin intraday ($500) and this "alias " ($1000)...I don't understand much....

Thanks

quintrix