Call us at 646.248.1680, or email [email protected] to have our Account Executive walk you through every step of the way, getting the proper account forms to investors by Fed Ex, fax, or email; then working with them personally to insure their account is set up and funded properly.
Customer funds are held in segregated accounts at one of the Futures Commission Merchant (clearing firm) we hold accounts with. VEREMARKET currently works with the following clearing firm:
The clearing firm acts as an intermediary between the customer and the various futures exchange. The clearing firm owns the expensive exchange memberships allowing them to enter and exit futures trades on the customer's behalf, while VEREMARKET deals directly with the customer and uses the clearing firm to process customer trades and produce customer statements.
VEREMARKET also opens several "sub" accounts - for as many different systems or CTAs as a client is trading. These sub accounts are linked to the investor's main account for margin positions. This allows investors to track positions, and more importantly - profit and loss - per program.
Online account opening services are currently available only for traders wishing to open an Individual Account