The Price Futures Group, Inc.

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WATCH: Phil Flynn of The Price Futures Group Discusses the Outlook for Natural Gas & Carbon Markets on MarketsWiki.tv (June 2012)
The PRICE Futures Group
LOGO.jpg
Founded 1988
Headquarters Chicago
Key People Walter Thomas (Tom) Price, III, President & CEO
Products Brokerage services, investment products, online trading, managed futures, trading systems
Twitter @pricefutures
LinkedIn Profile
Facebook Page
Website www.pricegroup.com

The PRICE Futures Group, Inc. is a registered Independent Introducing Broker with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA), clearing through ADM Investor Services, one of the world's leading providers of futures brokerage services. The PRICE Futures Group is owned by PRICE Holdings Inc.[1]

The company provides an array of full-service brokerage, electronic trading, asset management and consulting services to clients throughout the United States and South America, Canada, Asia/Pacific, Europe, in addition to the Middle East.

Headquartered in the Chicago Board of Trade, the PRICE Futures Group also maintains branch offices in Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Nebraska, Oregon, and Texas.

Their alternative investments affiliate, Price Asset Management, Inc., is registered with the NFA and CFTC as a Commodity Trading Advisor and Commodity Pool Operator.

They are affiliated with Uhlmann Price Securities, LLC, a full-service securities firm specializing in traditional and alternative investments solutions.

History

The PRICE Futures Group was founded in 1988 by Walter Thomas (Tom) Price, III and initially registered with the National Futures Association in September of 1989 as a Futures Commission Merchant and Commodity Trading Advisor ("CTA").[2]

In May of 1990, The PRICE Futures Group withdrew its NFA registration as a CTA. In August of 1990 it withdrew its registration as an Futures Commission Merchant and registered as an Introducing Broker. Then, in October of 1993 The Price Futures Group withdrew its NFA registration altogether when Walter Thomas (Tom) Price, III accepted a position with R.J. O'Brien Associates LLC.[3]

The Price Futures Group was re-registered with National Futures Association in June of 1995, when Tom Price re-established the firm and signed a clearing agreement with the LIT Division of First Options of Chicago. Two of the first three employees were Ron Mark[4] and Jack Scoville,[5] who are still with the firm.

In February of 1997, Price Capital Markets was registered with the NFA and launched as a Price Futures Group affiliated Commodity Trading Advisor.[6]

In November of 1997, John J. Lothian, founder of MarketsWiki, joined The Price Futures Group as President of the newly established Electronic Trading Division.[7]

In December of 1998, another affiliate was launched, Price Asset Management ("PAM"). PAM initially registered as a Commodity Trading Advisor and then in 2000 registered as a Commodity Pool Operator.[8]

In July of 2002, The Price Futures Group registered with the NFA as a Broker-Dealer for the purpose of brokering single stock futures in the U.S.

In March of 2007, Roxanne M. Bennett joined Price Asset Management as Marketing Director to develop new products and coordinate the marketing efforts of the existing products offered by Price Asset Management and its affiliates.[9]

In March of 2010, Price Futures Group Inc. announced that it would expand its Chicago and Scottsdale offices, as well as open new branch offices in Westminster, Colorado and Boca Raton, Florida.[10]

In June of 2012, Phil Flynn joined The Price Group. Also, in June of 2012, John J. Lothian resigned as a branch manager of the firm.

In July 2012, the Group and Citi announced an agreement to introduce Price Futures clients to CitiFX Pro, a retail forex trading platform. The partnership is seen as an effort to link the Price Group's introducing broker arm with Citi's trading platform. [11]

Phil Flynn JLN Environmental/Energy Interview

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Phil Flynn of The Price Futures Group Discusses the Outlook for Natural Gas & Carbon Markets
Phil Flynn has followed the energy markets for more than two decades and recently joined The Price Futures Group as a senior market analyst. He spoke with JLN Environmental/Energy editor Jim Kharouf about the outlook for natural gas, shale gas and Canada’s oil sands. Flynn also gave his thoughts on the future of the carbon market and the US energy mix. Published June 20, 2012. Watch at MarketsWiki.tv[12]

Key People

Tprice.jpg Walter Thomas (Tom) Price, III Chairman, President & CEO
Sjung.jpg Susanna W. Jung Executive Vice President & COO
GeorgeRohrs.jpg George H. Rohrs, Jr. Senior Vice President
JackScoville.jpg Jack Scoville Vice President
KeithPerry.jpg Keith Perry Senior Vice President - Trading & Private Client Division
Larry Arnowitz.jpg Larry Arnowitz Director of Business Solutions
RoxanneBennett1.jpg Roxanne M. Bennett Executive Vice President & COO
Allen Goodmanpic.jpg Allen Goodman Chief Financial Officer
KelleyWashington.png Kelly Washington Head of Operations
KrishnanSeshadri.jpg Krishnan Seshadri Vice President - Asset Managment Division
Dashonly.gif Ryman H. Flippen, II Executive Vice President of Global Business Development
Phil-Flynn.jpg Phil Flynn Senior Research Analyst

External links

References

  1. The Price Futures Group, Inc.. National Futures Association.
  2. PRICE FUTURES GROUP INC THE. BASIC - National Futures Association.
  3. WALTER THOMAS III PRICE. BASIC - National Futures Association.
  4. Ron Mark. The Price Futures Group, Inc..
  5. Jack Scoville. The Price Futures Group, Inc..
  6. Price Capital Markets. BASIC - National Futures Association.
  7. John Lothian. The Price Group.
  8. PRICE ASSET MANAGEMENT INC. BASIC - National Futures Association.
  9. Roxanne Bennett. The Price Group.
  10. Press Release. Yahoo! Finance.
  11. The Price Futures Group and Citi Announce Agreement to Introduce Price Futures Clients to CitiFX Pro. PRNewswire.
  12. Phil Flynn of The Price Futures Group Discusses the Outlook for Natural Gas & Carbon Markets. MarketsWiki.tv.