Rand Financial Services, Inc.

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Rand Financial Services, Inc.
Founded 1993
Headquarters Chicago, IL USA
Key People Joni Malpede - President & CEO
Products futures clearing
Website www.randfinancial.com

Rand Financial Services, Inc. was a Chicago-based futures commission merchant (FCM) founded in 1993. It was a wholly owned subsidiary of the Bermuda-based Tewksbury Investment Fund Ltd., (formerly Trout Trading Fund Ltd.) and a member of all major futures exchanges.[1]

It was named after Ayn Rand, the novelist and inventor of Objectivism.


Rand advised the public on February 4, 2021 that it was no longer registered as an FCM and was completely dissolving its business.[2]

Products and Services[edit]

Rand executes and clears futures and options on futures trades on behalf of the banks, institutional clients, hedge funds, CTAs and non-clearing FCMs, as well as high net-worth individuals.[3]

Key People[edit]


  1. About Rand. Rand Financial Services, Inc..
  2. Advisory Notification. Rand Financial Services. Onc..
  3. Rand Services. Rand Financial.
  4. Joni Malepede. LinkedIn.