GFF Brokers Acquires Global Futures, Looking to Lower Trading Commissions

Global Futures & Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, Inc. (GFF Brokers), an independent brokerage firm offering futures, FX and options trading, has acquired Global Futures – the acquisition will help the group better compete via lower commissions and pricing at a time when much of the industry is seeing scaled back fees for clients.

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GFF Brokers is a newly registered member of the National Futures Association (NFA) – its service suite includes a composite of futures and options trading platforms, products, and services. Beyond this, the group boasts widespread clearing capabilities that allow its domestic clients access to the world's major futures and options exchanges in North America, Europe and Asia.

Global Futures itself is an online independent introducing brokerage firm. The primary impetus behind the acquisition was the ability to offer more competitive trading commissions for clients, including the expansion of a low-priced futures and options trading service.

This has been a growing trend in the United States over the past couple years, as many brokerages have collectively slashed their fees and commissions for new and existing clients. The trend has created a growing competition amongst brokerages as clients have become increasingly less willing to compromise on margins, pricing, and other fees. Additionally, the acquisition will help GFF Brokers provide improved access to high-tech electronic trading platforms, risk-monitoring software, and advanced technologies.

In tandem with this development, GFF Brokers has also introduced a freshly rebranded website, www.gffbrokers.com, which shows its revamped futures, options, and overall trading services suite.

According to Greg Khojikian, founder and CEO of GFF Brokers, in a statement on the acquisition and pricing: “We look forward to continuing the tradition of providing low-cost futures trading backed by quality customer service along with an array of futures Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term offerings and laying the ground work for new trading services.”

“While GFF Brokers is a newly formed entity, many of the veteran Global Futures brokerage, operations and various team members will continue in their roles providing strong continuity of service and support for futures traders,” he added.