A former TD Ameritrade exec wants to make futures trading more accessible to Main Street, and a dozen brokers have signed up
A new trading venue called the Small Exchange is hoping to disrupt the futures market by creating products more accessible for retail investors.
Six introductory brokers and six futures commission merchants have given verbal commitments to the exchange, according to CEO Donnie Roberts.
Media and brokerage business tastytrade and Chicago prop shop Peak6 have invested $10 million into the venture, according to Crain's Chicago Business.
The Commodities Futures Trading Commission has 180 days from...
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