Wedbush Securities futures division announces collaboration with RCM Alternatives

July 11, 2017 09:05 AM

Wedbush Securities, a non-bank Broker Dealer and Futures Commission Merchant, announces the transition of Tom Anderson and Tom Chlada, from Wedbush Securities to RCM Alternatives (“RCM”). This transition is intended to be part of a larger collaboration with RCM on several fronts meant to further solidify the firm’s relationship with the firm, which is one of the largest independent introducing brokers in the futures space, according to the Wedbush.

Since 2015, Anderson, formerly the head of sales and Chlada, formerly senior vice president at Wedbush, spearheaded the firm’s futures clearing focus in the Professional Trader Community (“PTC”). They will now make the transition to RCM, allowing for the combination of Wedbush clearing facilities and the full suite of client services at RCM, to enhance the collective client experience. This will be facilitated through specialized joint marketing efforts to clients needing those products to more effectively manage market execution, slippage and asset class exposure. 

“This further strengthens the strategic relationship we’ve had with RCM over the past several years,” states Bob Fitzsimmons, managing director, head of futures. “We look forward our continued work with Tom Anderson and his team, as we expand our various futures product offerings.”

Bobby Schwartz, managing partner at RCM Alternatives says, “Adding the expertise of Anderson and Chlada to our already skilled team will expand the opportunities for our professional clients through our suite of ever-improving tools and relationships while continuing to leverage Wedbush’s many capabilities.”

RCM Alternatives is a large independent introducing brokers in the futures space. The firm sources and structures global macro and managed futures investments for end investors, touching on all aspects of the investment from manager meetings and due diligence to vendor selection and new account onboarding.

Wedbush Futures, a division of Wedbush Securities Inc., is a large non-bank FCM in the United States. The division specializes in clearing and financing activities for professional traders and strategic correspondents. 

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