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Mirus Futures
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Mirus Futures

  #1 (permalink)
Elite Member
Montreal, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader, Multicharts
Favorite Futures: ES
 
Posts: 96 since Dec 2011
Thanks: 46 given, 84 received

Mirus Futures

Yesterday, Mirus Futures' CEO announced that they are entering an exclusive partnership with Dorman Trading as a Guaranteed Introducing Broker. (See https://www.mirusfutures.com/emails/Client_Update_CEO_1.9.14.htm)

Upon looking for a definition, I stumbled on this:

An Introducing Broker that has entered into a guarantee agreement with a Futures Commission Merchant, whereby the FCM agrees to be jointly and severally liable for all of the Introducing Broker’s obligations under the Commodity Exchange Act. By entering into the agreement, the Introducing Broker is relieved from the necessity of raising its own capital to satisfy minimum financial requirements. In contrast, an independent Introducing Broker must raise its own capital to meet minimum financial requirements.

Any opinions on why they would drop RCG and RJO, and stick with Dorman overnight?

 
  #2 (permalink)
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  #3 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,237 since Jun 2009
Thanks: 29,350 given, 83,150 received


Justin,

There are already multiple threads on Mirus and on this current situation. Creating a new one just creates a split topic.

Please post this in the existing Zen Fire problem thread for now to prevent a split topic:
https://futures.io/brokers-data-feeds/29928-zenfire-no-more.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

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