With DNA Securities, the firm can offer futures services and securities trading solutions to institutional clients.
Independent introducing broker DNA Brokerage LLC has launched an affiliate broker-dealer, DNA Securities, which will allow the combined companies to offer futures services and securities trading solutions to institutional customers, officials say.
“DNA launched its futures brokerage services in August 2024. Driven by customer demand, DNA has expanded its services to include the introduction of clearing relationships to meet the needs of its global client base for futures products,” officials say. With DNA Securities, clients can access U.S.-based securities markets.
The DNA business model “allows the firm to choose the most suitable clearing firm for professional trading customers that offer competitive trading solutions and clearing rates,” officials say.
“We are excited to offer potential clients access to U.S. securities markets to optimize their investment portfolios as they trade VIX Futures, E-Mini S&P Futures, Options vs SPY and SPX Options, or while hedging fixed income portfolios vs fixed income futures,” says Jacques Fernandes, president of DNA’s parent company, Strands Holdings US Inc., in a prepared statement.
A CFTC and NFA member, the Chicago-based DNA has access to multiple exchanges and offers co-location trading, real-time market data and API connectivity, exchange membership support, dedicated front and back office support, account setup, execution support, and IT/technical support. It also supports many trading software systems, including CQG, CTS, TT, Rithmic, EMSX, or DMA, officials say.
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