Ironbeam becomes CME Group Clearing Member
CHICAGO, Aug. 11, 2022 — Ironbeam Inc., an industry-leading futures brokerage firm, is pleased to announce growth in customer segregated assets of approximately 20% during the three months since Ironbeam became a CME Group clearing member firm.
Ironbeam is one of the only direct clearing members that offers a proprietary modern cloud-based trading and clearing experience.
The company’s free Ironbeam App trading platform provides direct access to over 700,000 trading instruments with low-latency market data and order routing.
Omid Farr, Founder and CTO of Ironbeam Inc. said: “It has been exciting seeing the growth in all business segments in the last few months as a CME Group clearing member. The direct clearing aspect along with our low-latency proprietary trading tools and technology solutions make Ironbeam the ideal trading destination.”
Robert Terrell, CEO of Ironbeam said: “We have delivered on our expectations and our roadmap will continue to enhance the modern trading experience.”
Operating out of the Chicago Board of Trade, Ironbeam launched in 2010 as a technology-centric futures brokerage firm dedicated to providing technology solutions that cater to the needs of futures participants and the modern futures trader. Ironbeam is a CME Group member clearing firm, and stands as one of the only clearing firms offering trading solutions powered by its own proprietary technology.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.
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