MetroTrade LLC announced today that it is now registered with the Commodities Futures Trading Commission (CFTC) as an introducing broker and is a member of the National Futures Organization (NFA).
The company is preparing to offer access to CME Group’s US futures contracts at its launch, which is expected this summer.
Founded by David Klotz and Ingmar Mattus from Chicago, MetroTrade emerges from the combined efforts of its founders from years of experience. Their vision is to leverage their extensive knowledge to create a leading trading platform for their clients, using the latest web and mobile technology.
David Klotz has extensive FCM experience, while Ingmar Mattus, based in Switzerland and co-founder of the Tickmill Group, brings to the table his global brokerage experience. Backing their venture is Andromeda Capital Partners Suisse, a Swiss private equity firm with investments in notable technology companies and brokerages, including AgenaTrader and Change Securities.
MetroTrade integrates employees across a number of departments, including customer support, technology and finance. Candidates can express interest by emailing Careers@MetroTrade.com.
MetroTrade President Klotz said: “US futures markets are some of the deepest and most liquid markets in the world. Retailers deserve to have a variety of options when it comes to their brokerage needs, and we’re excited to meet and exceed those expectations.”