Sophisticated Commodity Trading Advisors know that in order to compete in today's market they must have access to cost efficiency and high quality technology.
Our execution and order routing systems give CTAs the ability to trade multiple exchange listed products around the world.
Separate accounts can be created for each advisor client, and a CTA can distribute a single order among the multiple accounts using our FCM's smart future contract share allocation functionality by using Block Account capabilities.
Block accounts are an efficient and easy way to control multiple accounts under one master account. A block account is the preferred choice for CTAs and account managers looking for maximum flexibility and control. A preset allocation table will allow our back office to distribute trades to each account within the block with accuracy and peace of mind.
In addition, we provide the advisor with automatic billing alternatives.
Are you an Active Trading CTA?
Variance Futures is the perfect place for CTAs to host their customer's accounts, since we are offering competitive commission rates to CTAs and we allow customer accounts be grouped as one account for commission application.
As long as all of the trades are done through one X-TRADER login, volume discounts from our low active trader schedule can be applied to give your customers as much as a 50-80% discount over other firms.
In addition to our strong industry relationships and excellent trader support, Variance Futures provides CTAs the following trading services:
- Around-the-clock direct access to a wide range of global futures products & exchanges
- Clearing, execution, and give-up services
- Access to multiple trading platforms, with automated futures trading capabilities
- Advanced order management programs
- Customizable reporting solutions
- Smart allocation programs (LIFO & FIFO)
- Customer service and technical support
- Competitive commission structure
Sophisticated Trade Allocation
We offer sophisticated trade allocation programs that will allocate your trades first-in-first-out (FIFO) or last-in-last-out (LIFO) automatically at no cost to you or the customer. We can automate any number of accounts to be allocated against your total trades for the day easily and efficiently.
CTA can prepare a preset allocation table, including the allocation method (LIFO/FIFO) and our back office will distribute trades to each account within the block with accuracy and peace of mind.
We offer fantastic reporting for you and your customers. Each day, and once a month CTA's and their customers receive accurate statements via e-mail. Accurate reporting helps make your services better and makes customer referrals more likely.
Management Fee Deduction Service
With authorization from your client, Variance can deduct investment advisory fees from your clients' accounts and pay them directly to your firm account--essentially expediting the payment of fees. And since the advisor fees are automatically credited to your firm's account, you can access your funds at any point.
Accounts Management
With Variance Futures services to commodity trading advisors, CTAs can:
- Supervise client accounts by one or more CTAs.
- Allocate trades to client accounts.
- Multiple advisors can view/modify other advisors' activity.
- Give clients the ability to electronically fund and view statements, but restrict client from trading in the account.
- Charge client fees and receive fees automatically in the CTA account.
- Can open its own trading account.
- Assign to CTA employees a set of functions and jurisdiction over a individual/group of client accounts (trading, report management, funding, administration & user management).
