NEW YORK (HedgeWorld.com) – FutureTrade Technologies is adding access to the New York Stock Exchange floor brokerage services through a strategic partnership with JNK Securities, an institutionaldirect access NYSE member firm.
The partnership with JNK will enhance the listed execution offerings on the FutureTrade platform. JNK will distribute the FutureTrade trading platform to their clients letting them reach the ECN and other electronic trading venues that FutureTrade offers for Nasdaq and listed securities. In turn, FutureTrade will make JNK’s NYSE floor brokerage capabilities available to its hedge fund clients.
FutureTrade has added 50 hedge fund customers this year, said Jim Kwiatkowski, who handles sales for the company out of New York. The firm now has almost 100 hedge fund clients.
The main offering at FutureTrade is liquidity aggregation and the firm integrates with six different prime brokers in addition to providing market data, portfolio management and some risk management tools to hedge funds. Users are able to trade on Archipelago, Redibook, Instinet, Island, SuperMontage and SelectNet. FutureTrade clients also have access to SuperDOT, which is an electronic order- routing system for the NYSE.

