Unetich Trading LLC

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Unetich Trading LLC
Founded 2004
Headquarters Chicago
Key People Michael Unetich, president
Products Proprietary Trading Firm

Unetich Trading LLC (UT LLC) was a Chicago-based proprietary trading firm that specialized in interest rate futures at the CME Group from 2004-2009.

History[edit]

UT LLC was founded in 2004 by Michael Unetich, a high-volume futures trader who formerly worked for DRW. Unetich Trading traded multiple CME products, majority of which were Eurodollar futures. The firm was an early developer of automated market making in Eurodollar futures and was an original member in the CME Eurodollar pack and bundle market-making program.

In 2009, Unetich Trading spun out their in-house software system as a futures ISV named TickIt Trading Systems. TickIt connected to the CME Group and was acquired by Trading Technologies on June 8, 2010.

Key People[edit]

References[edit]