Cunningham provides access to the Cunningham Trading System (CTS), a premier, state-of-the-art electronic platform for futures and options trading.
CTS is capable of providing instantaneous, reliable, worldwide access to and execution on all major futures exchanges, including CME Group Exchanges, ICE, MGEX, and EUREX.
Cunningham Commodities, LLC is registered as a futures commission merchant with the U.S. Commodity Futures Trading Commission, is a member of the National Futures Association and has been a clearing member of the Chicago Board of Trade since 1982.
Ballard Spahr is a national law firm with offices in 15 United States cities. The firm's introducing broker practice is managed by Scott Diamond who has over thirty years of commodities law experience. Scott started his career at the CFTC in Washington, DC, and then moved to a New York based major futures commission merchant. He has also worked extensively in the swaps area as Head of Investment Banking Legal and as Chief Compliance Officer of a small securities broker-dealer. Scott’s experience with NFA examiners and management on a broad range of issues will benefit the IB community. Services to NIBA members include:
• IB Agreements with FCMs and customers
• Policies and procedures on AML, Business Continuity and Disaster Recovery, Cybersecurity; Automatic Order Routing Supervision; Review and Approval of Promotional Materials; Supervision of Associated Persons, including E-Mail Monitoring; and Customer Complaints
• Customer agreements with FCMs
• Swap Introducing Brokers
• NFA examination support
• Customer onboarding and risk disclosures
• Registration process and updates (7R & 8R)
• Statutory disqualification and enhanced supervision representation
• Annual Questionnaire assistance
• Series 3 requirements
• Cybersecurity incident management
• Subordinated Loan Agreements for net capital purposes
• AML obligations
• General business law
• General counsel work
Attn: Scott Diamond
1675 Broadway, 19th Floor
New York, NY
Founded in 2021, Repool is a new, technology-first, venture backed fund administrator and full-stack fund services provider. Backed by Y Combinator, Canaan, Matrix Partners, Global Founders Capital, and more, Repool provides end-to-end fund-in-a-box launch and backoffice, or standalone fund administration, for securities, commodities, and digital asset funds, with a particular focus on emerging small and mid-sized advisors ($0-100m AUM) in the United States.
Our Silicon Valley background lends to a particular expertise in automation and technology, providing consistent, high-accuracy delivery of NAV even across traditionally challenging strategies such as market making or defi, layered in an industry-leading investor onboarding platform, CRM, and client portal.
New York, NY 11221
Started in 2020, Hedonova is a hedge fund focused on alternative investments with offices all over the world. Alternative investments describe investments that do not fall into conventional categories like stocks and bonds. Hedonova’s portfolio diversifies with startups, real estate, fine art, wine, cryptocurrencies, and other assets. Hedonova’s single fund structure provides a way for shareholders to invest without needing to manage the day-to-day distribution of their investments.
Formidium (f/k/a Sudrania Fund Services) is a global fund administrator powered by its proprietary Seamless Software. Seamless is an award-winning, full-scale cloud-based, fund administration application integrating portfolio, fund accounting, and investor reporting, to provide best-in-class and cost-efficient solutions to both the traditional and alternative investment fund management community.
Formidium is a technology-enabled fund administrator based in Chicago, Illinois. Founded in 2016 our 1200+ global professionals are serving 1000+ funds across the globe. We have established ourselves as a proven alternative to legacy fund administration solutions.
Developed by Formidium Technologies, the firm leverages two applications: Seamless Solutions and CommonSubDoc. Formidium Fund Services operations and technology are SOC 1, SOC 2, and SOC 3 audited.
Downers Grove, Illinois
Established in 1989, the Institute for Financial Markets (IFM) is a nonpartisan, nonprofit educational foundation and an independent affiliate of the FIA, a global trade association. The IFM has delivered high-quality derivatives market education to a broad constituency from industry professionals, investors and exchanges to public-policy makers and regulators. In addition, we also provide online, on-demand ethics and AML training to meet regulatory requirements as mandated per NFA Rule 2-9 and the Commodity Exchange Act.
Suite 725, North Tower
You need confidence that your critical systems and data are safe. VSEC, LLC provides information and cyber security advisory services to help firms evaluate and improve their security protections. We provide direct guidance to senior executives and boards, mentoring and support for security officers, and advise on specific projects such as audit resolution, security product choices and breach recovery.
We believe connecting research and education to business development is the key to the growth of the industry. In recent years, the demand for understanding managed futures has grown to an unprecedented level. In 2011, Mark Shore, founder of Shore Capital Management developed the first university graduate level course on managed futures.
Three key areas of business:
1) Providing Research on managed futures and asset allocation such as the popular Skewing Your Diversification and Decoding the Myths of Managed Futures.
2) Consulting to alternative investment firms around the globe, such as CTAs, IBs, FCMs, Fund of Funds, Exchanges and Institutional Investors, including manager due diligence, business development and educational workshops on managed futures.
3) Publishing Articles on Economics, Futures, Commodities, Behavioral Finance, Managed Futures, and Market Commentary.
The Ruddy Law Office, PLLC ("Ruddy Law") is a Washington, DC based boutique law firm that provides legal advice to registered investment advisers, commodity futures registrants (IBs, FCMs, CPOs, and CTAs), hedge funds and other members of the alternative investment community. Ruddy Law assists clients with initial and ongoing regulatory needs association with the National Futures Association ("NFA"), Commodity Futures Trading Commission ("CFTC"), Securities and Exchange Commission ("SEC"), Federal Energy Regulatory Commission ("FERC"), as well as other federal and state regulatory agencies. We have proudly offered these services since our inception in 2001.
OptionWorks® Research offers unique insight into futures options available nowhere else. Subscribers enjoy access to a database of option information and daily trading strategies.
A subscription to OptionWorks® Research includes access to :
Daily Strategy Report
The OptionWorks® Daily Strategy Report delivers detailed trading ideas for ten major US futures markets. Indicators for trend, volatility and skew are calculated from the OptionWorks Volatility Database and are used to develop strategies that best take advantage of current market conditions. Risk and Target levels for each strategy are also included to assist in trade management.
The OptionWorks® Volatility Dashboard provides a online window into the OptionWorks® Volatility Database. Current implied volatility levels, risk-reversals, and butterflies are available for 40+ markets worldwide for all expirations and selected OTC tenors. Available charts include underlying price, historical and implied volatility, skew, percentiles, and term structure.
The OptionWorks® Option Calculator prices index, equity, foreign exchange, and futures options under almost any market condition imaginable. Results for long or short option premium, profit & loss, and all sensitivities (“Greeks”) can be displayed in either graphical or tabular form. An intuitive interface allows for pricing scenarios to be customized, printed and saved locally.
Subscriptions and publications are also available as white-label products.
Separate volatility database subscriptions are also available through Quandl at www.quandl.com/owf.
StoneX combines expertise in Global Clearing and Execution, with the professional level of support and service our IB, Hedge Fund, and CTA clients expect and deserve. We value our relationships and would appreciate the opportunity to grow futures and/or forex business with you.
Chicago, IL 60604
Dorman Trading is dedicated to providing our Introducing Brokers with the same personal attention and service that we offer to our professional floor traders. We believe that the relationship between the FCM and the IB is a partnership, not a competition. We look forward to building a partnership with you.
Chicago, IL 60604
CQG provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than one hundred FCM environments and provides Direct Market Access to more than forty exchanges through its global network of co-located Hosted Exchange Gateways. CQG’s server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease-of-use. CQG's market data feed consolidates more than seventy-five sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities as well as data on debt securities, industry reports, and financial indices.
As part of our partnership with NIBA, Barchart.com, Inc. is happy to extend discounts of 20% to NIBA members on various Barchart and Commodity Research Bureau (CRB) products and services. Barchart and CRB also offer affiliate programs where you can directly offer our services to your clients and prospects for lead generation as well as revenue sharing.
Barchart's services include integrated website content like futures quotes, charts and news, website hosting and management, real-time front-end applications like Barchart WebStation for quotes, charts, analysis and trading, as well as data feeds and historical data.
CRB's products include a variety of publications, research and data services like Trends in Futures, CRB TrendTrader, CRB DataCenter, Futures Market Service and CRB Commodity Yearbook.
AgriCharts, a division of Barchart.com, provides website hosting including market data, charts, news, and weather. As a NIBA member you will receive 20% off your website hosting service with AgriCharts.
R.J. O’Brien supports Introducing Brokers with superior technology, intelligent market research, transparent middle-office tools and personal service. The IB business is the heart of our brokerage operation, and our industry reputation for servicing these clients is stellar. We understand what IBs need to support business success, no matter if your clients are speculators or hedgers. Both you and your clients will appreciate the comprehensive set of tools built specifically for futures traders.
Chicago, IL 60606