Lind-Waldock
From Wikipedia, the free encyclopedia
| Lind-Waldock | |
|---|---|
 |
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| Type | Public |
| Founded | 1965 |
| Headquarters | Chicago, Illinois |
| Key people | Mark Sachs |
| Industry | Financial services |
| Products | brokerage services, investment products, online trade, wireless trading platforms |
| Website | www.lind-waldock.com |
Lind-Waldock is a full-service futures brokerage firm primarily serving individual traders, or as known in the industry, “retail” clients. The company was founded in 1965 by Barry Lind, a successful trader at the Chicago Mercantile Exchange, and Jack Waldock, who made his mark in the meat packing industry. An industry innovator, Lind-Waldock is regarded as the first discount futures broker, the first to develop an electronic order-routing system to U.S. futures exchange trading floors, and the first to offer clients an online order-entry platform.
Refco Group Ltd. acquired Lind-Waldock in 2000, and for a brief period, the company operated under the name Refco Private Client Group. An accounting scandal at Refco forced the sale of business in November 2005, and amid a heated bidding war, Refco Private Client Group was acquired by UK-based financial services firm Man Group plc. Man quickly returned the company to its former name. Man Group spun off its brokerage arm, Man Financial Inc in an initial public offering in 2007[1] and today Lind-Waldock operates as a division of MF Global Inc.
Lind-Waldock offers products and services for investors with varying needs and levels of experience, including self-directed trading, broker-assisted trading, auto-execute trading and managed futures. Proprietary trading platforms include the LindXpress and Lind Elite direct-access platforms, and Lind Connect, a Web-based platform. The company also offers trading via a wireless devic
MF Global Inc. (NYSE:MF) is the leading broker of exchange-listed futures and options in the world. It provides execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market.
MF Global has a worldwide client base of more than 130,000 active accounts ranging from financial institutions, industrial groups, hedge funds and other asset managers to professional traders and private/retail clients. It operates in 12 countries on more than 70 exchanges.
[edit] External links
- Lind-Waldock Homepage
- Lind-Waldock name resurfaces in futures community
- Leading Futures Brokerage for Individuals Returns to Its Roots Following Purchase by Man Financial
- Institutional and Retail Find Common Platform
- Commodity Broker Lind-Waldock Debuts New Trading Platform, Lind Elite, Powered by Avadhi
- Commodity Broker Lind-Waldock Launches New Enhanced Web Site,www.lind-waldock.com
