BNET Industries

Futuretrade

is in the Financial Services Industry

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

FutureTrade provides electronic trading tools and services to institutional traders and hedge fund managers. The trading platform licensed by FutureTrade allows buy-side traders to react quickly to market information and movement, as well as manage their portfolio strategy as they monitor risk. Headquartered in Lake Forest, California, the company has sales staff in New York, Boston, Chicago and San Francisco. Transactions can be executed through FutureTrade Securities, a wholly owned subsidiary of FutureTrade Technologies. As an agency broker/dealer, FutureTrade Securities receives commissions eliminating the need to pay upfront or fixed fees for the FutureTrade trading platform.

President and CEO
Murray Finebaum
Number of Employees 74
Contact Information

26110 Enterprise Way

Lake Forest, California 92630

www.futuretrade...

(949) 999-2100

NAICS Code Investment Advice: 523930

News & Analysis

futuretrade - All News and Analysis

  • International News

    - 2008-01-01

    ICE STORMS CHICAGO Intercontinental Exchange ICE announced that their primary trade matching engine for all OTC and futures products will migrate permanently from Atlanta to the company's Chicago data center location upon the close of business on Jan. 18, 2008. ICE's customer connections will automatically be routed to the Chicago...

    Tags: International Securities Exchange Inc.

  • IB Dives Into the Hedges With FutureTrade Buy.

    - 2008-01-01

    Interactive Brokers, best known as a discount retail shop, is making a big push into the prime brokerage business. The drive started slowly last April with the establishment of a prime brokerage division to service hedge funds. In November, IB...

    Tags: Futuretrade

  • IB Dives Into the Hedges With FutureTrade Buy

    - 2008-01-01

    Interactive Brokers, best known as a discount retail shop, is making a big push into the prime brokerage business. The drive started slowly last April with the establishment of a prime brokerage division to service hedge funds. In November, IB bought one of the last independent...

    Tags: Futuretrade

  • FutureTrade / Interactive Brokers Leaps to #1 Ranking for Hedge Fund Executions

    - 2007-11-29

    GREENWICH, Conn. -- With the recent agreement to purchase FutureTrade, Interactive Brokers has established itself as the #1 Ranked Broker for Hedge Fund Trade Executions based on the recent 2007 Alpha Magazine Technology Awards. "The combination of FutureTrade's global execution technology with Interactive Brokers' portfolio margin, smart & combination...

    Tags: Futuretrade

  • Interactive Brokers Group Acquires FutureTrade

    - 2007-11-20

    Adds to Capability of Servicing Hedge Funds in Order Execution, Management and Prime Brokerage GREENWICH, Conn. -- Interactive Brokers Group, a major automated global electronic broker today announced the execution of a Definitive Agreement to acquire FutureTrade Technologies and its wholly-owned subsidiary, FutureTrade Securities for an undisclosed amount of...

    Tags: Futuretrade

Decision Makers

Name (plus bio) Position
Murray Finebaum President and CEO
William K Guerry Executive Vice President & Chief Financial Officer
Eze Castle Futuretrade Partner
Greg Reyes
John Lopez Principal Architect
David Nazarian Director
Douglas Carlisle Director
Philip C Stapleton Director
Robert L Kahan Director
Robert L. North Director

Board of Directors

Name (plus bio) Position
Benjamin N Simon Chairman of the Board of Directors

Organization Position Status
Futuretrade President and CEO Current
Futuretrade Director Current
Trading Edge Inc. CEO Former
Trading Edge Inc. Founder Former
Trading Edge Inc. Chairman Former
FINRA Vice Chairman Former

Organization Position Status
Futuretrade Executive Vice President & Chief Financial Officer Current
California Polytechnic State University BS In Accounting Former

Organization Position Status
Futuretrade Futuretrade Partner Current

Organization Position Status
Futuretrade Current
Diamond Multimedia, Inc. Chairman Current
Rensselaer Polytechnic Institute BS in Mechanical Engineering Former

Organization Position Status
Futuretrade Principal Architect Current

Mr. Simon has almost 40 years of experience in institutional investing and money management and is the former Chairman & Chief Investment Officer of Palomar Capital Management, Inc., a $300+ million hedge fund. Palomar Capital Management was one of the first customers of Montgomery Securities Prime Brokerage (now Banc of America Securities Prime Brokerage). Previously Mr. Simon was a partner at Montgomery Securities, Cantor Fitzgerald and Pilgrim Baxter & Associates and worked in institutional sales with Lehman Brothers. Mr. Simon received his BS in Economics and MS in Finance from the University of Illinois.

Organization Position Status
Futuretrade Chairman of the Board of Directors Current
Montgomery Securities Partner Former
Lehman Brothers Holdings Inc. Former
University of Illinois MS In Finance Former
University of Illinois BS In Economics Former

Mr. Nazarian is the founding member of Smart Technology Ventures, having successfully completed two family venture funds before founding Smart Technology Ventures III. He is a successful entrepreneur who has funded and built many technology companies and has nearly 20 years of operational and investment experience in the telecommunications and aerospace industries. Mr. Nazarian was a major investor in Omninet, a company that provided two-way messaging services via satellite for mobile users, when it merged with Qualcomm in 1988. The Nazarian family remains a large shareholder in Qualcomm (Nasdaq: QCOM). Mr. Nazarian serves on the boards of directors for Cradle Technologies, FutureTrade Technologies, Lucix Corporation, and Allard Industries. He is a member of the Board of Governors and the Investment Committee for both Cedars-Sinai Medical Center and the UCLA Foundation. He received his MBA from the University of Southern California.

Organization Position Status
Cedars-Sinai Medical Center Member Current
Smart Technology Ventures Managing Member Current
University of California, Los Angeles (UCLA) Foundation Member Current
QUALCOMM Incorporated Current
Smart Technology Ventures Board of Directors Current
University of California, Los Angeles (UCLA) Foundation Board Member, Board of Governors Current
Cradle Technologies, Inc. Board of Directors Current
Lucix Corporation Board of Directors Current
Cedars-Sinai Medical Center Board of Directors Current
Nomadix, Inc. Board of Directors Current
Futuretrade Director Current
Smart Technology Ventures Managing Member Current
University of Southern California Mba Former

Organization Position Status
Profitline, Inc. Managing Director Current
Aeroscout, Inc. Managing Director, Menlo Ventures Current
Menlo Ventures Managing Director Current
Profitline, Inc. Board of Directors Current
Aeroscout, Inc. Board of Directors Current
A4Vision Board Member Current
Open Solutions Inc. Board Member Current
Ironport Systems, Inc. Board Member Current
Drivecam, Inc. Board Member Current
Menlo Ventures Board of Directors Current
Adomo, Inc. Board Member Current
LiveOps, Inc. Director Current
Futuretrade Director Current
LiveOps, Inc. Board Member Current
Nexxo Board Member Current
Ironport Systems, Inc. Investor Current
Adomo, Inc. Investor Current
A4Vision Investor Current
LiveOps, Inc. Investor Current
Drivecam, Inc. Investor Current
Nexxo Investor Current
Open Solutions Inc. Investor Current
ROLM Corporation design engineer Former
ROLM Corporation design engineer Former
Luxn Inc. Former
Ciena Corporation Former
Godigital Networks Corporation Former
Efficient Networks, Inc. Board Member Former
Cyras Systems Board Member Former
Carrier Access Corporation Board Member Former
Efficient Networks, Inc. Investor Former
Cyras Systems Investor Former
Carrier Access Corporation Investor Former
Stanford Graduate School of Business M.B.A. Former
Stanford University B.S. in Electrical Engineering Former
University of California, Berkeley B.S. in Electrical Engineering Former

Phil Stapleton has been active in the financial services business for over 35 years. Over those years, his management skills, industry wisdom and dedication to service have earned him a reputation and loyal following among investment managers. In 1975, Mr. Stapleton joined the American Stock Exchange as Senior Inspection representative where he audited member firms from both a financial and supervisory point of view. While there, he set the new standards for inspection and the training of inspectors. In 1977, he joined Morgan Stanley, where he coordinated the day-to-day operation of their Capital Markets division. Relocating to Chicago, Mr. Stapleton was responsible for the management of the IIS group, servicing high net worth individuals and small institutions in the mid-west area. Later, he joined Montgomery Securities in San Francisco as director of administration where he oversaw operations, development, and implementation of strategic business plans as well as developing and implementing MIS function. In 1989, Mr. Stapleton became a founding partner of Conifer Securities (formerly Genesis Merchant Group). As president and Chief Operating Officer, he grew the firm from 7 employees to a national institutional investment banking firm. Ten years later, he teamed up with a core group of employees and investors to re-focus Conifer to provide full mid and back office support, and corporate services to a select group of investment managers, independent research analysts and private clients. Mr. Stapleton's education includes undergraduate and graduate work at Pace University.

Organization Position Status
Conifer Securities, LLC Chief Executive Officer Current
Conifer Securities, LLC President Current
Conifer Securities, LLC Chairman Current
Futuretrade Director Current
Conifer Securities, LLC Partner Former
Conifer Securities, LLC Owner Former
Montgomery Securities Director of Administration Former
The American Stock Exchange LLC Senior Inspection Representative Former
Pace University Bachelors In Business Administration Former
Pace University includes undergraduate and graduate work Former

Organization Position Status
Futuretrade Director Current
Goldman, Sachs & Co. Vice President Former
The Goldman Sachs Group, Inc. Vice President Former
NationsBanc Montgomery Securities Senior Managing Director Former
Chicago Stock Exchange Incorporated Governor Former
NationsBanc Montgomery Securities Head of Trading Former
Columbia College B.A. In Economics Former

Organization Position Status
Profitline, Inc. Board of Directors Current
Futuretrade Director Current
Peerless Systems Corporation Director Current
Digital Insight Corporation Director Current
Neighborhood National Bank Director Current
Id Analytics, Inc. Director Current
HNC Software CEO Former
HNC Software President Former
TRW, Inc. Vice President Former
The Aerospace Corporation Technical Staff Former
TRW, Inc. senior executive Former
Fair Isaac Corporation Former
HNC Software Chairman of the Board Former
Abacus Direct Ltd Director Former
HNC Software Director Former
Stanford University M.S. In Electrical Engineering Former
Stanford University B.S. Former
University of California, Los Angeles Former
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