FutureTrade, the leading independent provider of electronic equity and option execution services, today reported year over year growth in quarterly revenues for the third quarter with growth of 36% compared to the same period in 2004.
Murray Finebaum, CEO of FutureTrade commented, "With the recent release of Version 3.0, our clients now to use the FutureTrade platform to trade lists of equities and options spreads in addition to their single stock/option trading. As one of the few remaining independent providers of electronic trading platforms, we've seen our client base continue to grow due to the demand from money managers for a well-supported and proven broker-neutral electronic trading platform."
Company quarter highlights
Released FutureTrade Version 3.1, an upgrade to Version 3.0, which incorporates requested enhancements such as:
- Access to NYSE Direct+ automatic order-execution service
- Options Spread Trading
- Options Sweeps
- Equity List and Basket Trading
- User Defined "Hot Buttons"
- Order staging from the most popular Order Management Systems including: Macgregor, Charles River Development, Eze Castle, Portware, Advent, and InfoReach
Continued growth in clients and volume on FutureTrade's LiquidityPATH platform as well as the addition of several new LiquidityPATH partners who white-label the platform to their clients.