Futures Markets News 

A former TD Ameritrade exec wants to make futures trading more accessible to Main Street, and a dozen brokers have signed up

“Mainly that it wants to make the futures market, which historically has catered to big Wall Street traders, more available to Main Street investors” writes Dan Defrancesco for businessinsider.com. Breaking into the futures market is no easy task, though, as consolidation of exchanges over the years has created a top-heavy industry.Six introductory brokers and six futures commission merchants have given verbal commitments to the exchange, Roberts said.Chicago-based CME Group and Atlanta-based Intercontinental Exchange handle a majority of futures trading in the US, in addition to the Chicago Board Options Exchange.The level of interest from retail investors in futures, which are complicated, risky financial products, remains to be seen.
 
Source: businessinsider.com



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