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Altegris launches clearing business for managed futures industry
Feb 10, 2011 by Charles Gubert
Altegris has unveiled a dedicated clearing business, which will provide clients with access to clearing and execution services across multiple merchants in the managed futures industry.
Futures introducing broker Altegris Clearing Solutions caters to hedge funds, mutual funds, family offices, commodity pool operators, institutional investors and high net worth individuals.
It connects clients with multiple banks and other futures commission merchants (FCMs) to help facilitate middle office needs.
“Altegris Clearing Solutions meets the increased demand for premium services, particularly among professional managed futures investors, such as the ability to maintain relationships with multiple FCMs. This enables our client base to diversify their assets across several firms and gain more competitive pricing,” said Maxwell Eagye, director of Altegris Clearing Solutions.
