SOURCE: ELX Futures, L.P.

ELX Futures, L.P.

December 15, 2010 09:06 ET

Advantage Futures Partners With ELX to Offer FCM Services

NEW YORK, NY--(Marketwire - December 15, 2010) -  ELX Futures, L.P. (ELX), a leading electronic futures exchange offering a faster, more efficient global alternative to trade U.S. Treasuries and Eurodollar futures contracts, announced today that Advantage Futures LLC, a premier technology-focused futures brokerage firm, will become an authorized Participant and offer Futures Commission Merchant (FCM) services for ELX.

Neal Wolkoff, Chief Executive Officer of ELX Futures, said, "We are pleased to partner with Advantage Futures and welcome their significant customer base to our electronic trading platform. This is an exciting time for ELX and this new FCM relationship further cements our reputation as a competitive alternative in electronic futures trading."

Joseph Guinan, Chairman and CEO of Advantage Futures, said, "As a leading high-volume clearing firm with a diverse and growing client base, Advantage continues to seek new opportunities for our clients. We received great interest in ELX Futures and we are pleased to partner with ELX to offer clearing and execution services."

About ELX Futures
ELX Futures, L.P. is a fully electronic alternative exchange founded by leading global financial institutions with the goal of bringing the benefits of enhanced speed, liquidity and cost-efficiency to all market participants. For information and news about ELX, visit www.elxfutures.com or email us at info@elxfutures.com.

About Advantage Futures
Advantage Futures is among the highest volume clearing firms in the futures industry. Emphasizing superior technology, responsive risk management, customizable back office operations and highly personalized client services, Advantage Futures remains the consummate clearing firm for its diverse and growing client base. For more information, visit www.advantagefutures.com.

Contact Information

  • Media Contact:
    Mary Chung
    ELX Futures, L.P.
    (212) 294-7734
    Email Contact