E*TRADE Securities LLC, a wholly-owned subsidiary of E*TRADE Financial Corporation (NYSE:ET), today launched its new retail futures offering, delivering $2.99 per side commissions, a dedicated derivatives service team and professional-quality functionality.
Available to retail customers at no additional cost, the new futures trading platform powered by Trading Technologies delivers high-performance functionality along with fast, reliable connections to the world's largest derivatives exchanges.
"The demand for derivatives products in the retail channel is growing as risk-tolerant investors seek the ability to efficiently trade such products," said Michael Curcio, Managing Director, Global Retail, E*Trade Securities LLC. "Our new futures offering provides retail investors with a powerful solution backed by superior service and competitive pricing from a reliable, trusted financial services provider."
E*Trade is expanding customer access to futures products with more than 200 products including energy, indexes, financials, currencies, metals, and commodities through the top five world-wide futures exchanges including: Chicago Mercantile Exchange (CME); Chicago Board of Trade (CBOT); New York Mercantile Exchange (NYMEX); Eurex; and Euronext.Liffe. Futures trading is available to customers 24 hours a day, six days a week.
E*Trade is the first financial services provider to offer retail investors the high caliber professional-quality TT_TRADER platform which, features benefits such as:
- Patented MD Trader ladder-style order entry
- High powered professional technical charting analytics & drawing tools
- Single click execution and order cancellation
- 100% click driven trade functionality
- Real time vertical dynamic market book
- Trade multiple products and multiple markets from one fully customizable screen
- Direct high speed connections to all the leading derivatives exchanges
- Real time fills and position details
- Single window access to view working orders, fills and market depth
- Fully customizable desktop to match personal trading styles
To help customers and prospective customers who are looking to hone their futures trading skills, or who are interested in exploring futures as an asset class, E*Trade sponsors many educational opportunities, including:
- Web-based and live in-person futures trading seminars from leading futures trading educators and The Market Guys
- Access to TT_TRADER in a simulated trading environment
- Online futures learning center featuring content from the major futures exchanges