Why you should get involved in managed futures
Happy New Year everyone! With the holidays behind us, I thought this would be a good opportunity to look at new business opportunities for the upcoming year. I work almost exclusively in the managed futures space. In speaking with brokers, I have found that they tend to be segregated into those who work primarily in transactional business, retail brokerage and hedging, and those who focus on managed futures accounts. Many transactional brokers know that commodity trading advisors (CTA’s) are out there, but they don’t know how they can become involved in that side of the business. The first question one should ask is, “why should I get involved with managed futures?” The biggest objection I run into when talking with transactional brokers is giving up control over trading their customers’ accounts. This is a natural reaction as nobody likes to give up control over their business. But I’m going to...