Trading Articles
Article Categories
Article Tools
Dorman Trading LLC Acquired by Miami International Holdings, Inc.
Updated October 23, 2022
trending_up
993 views
thumb_up
15 thanks given
group
2 followers
forum
1 posts
attach_file
0 attachments
Welcome to futures io: the largest futures trading community on the planet, with well over 150,000 members
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to
register in order to view the content of the threads and start contributing to our community.
It's free and simple.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Dorman Trading LLC Acquired by Miami International Holdings, Inc.
(login for full post details)
#1 (permalink )
Site Moderator
London UK
Experience: Beginner
Platform: CQG
Broker: S5
Trading: Futures
Posts: 5,767 since Sep 2015
Thanks: 14,993 given,
14,908
received
I received the following comm from Dorman
Quoting
Valued Customer:
We are pleased to announce that Dorman Trading was acquired by Miami International Holdings, Inc. (MIH) on Wednesday, October 19, 2022. Key executives, risk management, operations and finance personnel will remain as your key contact
points and are excited to continue serving you, our important customers.
Founded in 2007, MIH is a technology-driven leader in building and operating regulated financial marketplaces and market solutions across asset classes and geographies. MIH offers trading in U.S. listed options, equities, futures and options on futures through its wholly-owned subsidiaries MIAX®, MIAX Pearl®, MIAX Emerald®, Minneapolis Grain Exchange (MGEXTM), and provides access to international capital market instruments through its wholly-owned subsidiary The Bermuda Stock Exchange (BSXTM).
As a third-generation
Futures Commission Merchant (
FCM ), Dorman Trading is proud of the service-oriented, customer-centric business model that we have successfully built providing clearing services to our customers for the past 40 years. We are excited to build on our track record by expanding our capabilities and services as we embark on this next step in our history, combining Dorman Trading’s experience as an FCM with MIH’s resources and vision.
As the futures industry continues to evolve, our new ownership will provide opportunities to expand beyond our current services while adding capabilities and resources. This is an exciting time for Dorman Trading and we understand that none of this would be possible without the support and trust of our customers. We sincerely appreciate your business and look forward to continuing to support you as your trusted FCM.
Please do not hesitate to contact us with any questions.
Please see links below for the notice, along with the press release.
Sincerely,
Daniel P. Dorman
SVP/Chief Operating Officer
Dorman Trading, LLC
The following 6 users say Thank You to xplorer for this post:
Can you help answer these questions from other members on futures io?
Best Threads (Most Thanked) in the last 7 days on futures io
(login for full post details)
#2 (permalink )
Legendary Market Wizard
Philly, Pa
Experience: Master
Platform: NinjaTrader
Trading: ES, ZB
Posts: 6,486 since Jul 2010
Thanks: 6,662 given,
36,246
received
xplorer
I received the following comm from Dorman
I started clearing Dorman in 1979, and I knew all 3 generations of the Dorman family. Bernie was the patriarch of the family, and arguably one of the nicest individuals on the floor of the CBOT . There weren't many gentlemen in that building, but Bernie was certainly one of them. I was leasing a seat back then and paying $3200 a month for the lease. That's in 1979 dollars and it was a considerable hurdle to jump and provided a great deal of added pressure. When I initially struggled, he would always offer me fatherly advice. He helped me deal with the pressure and was partly responsible for my success.
The following 9 users say Thank You to tigertrader for this post:
Last Updated on October 23, 2022
Ongoing