Give People What They Want: Generic Trade Sets Benchmark for Online Trading

CHICAGO--(BUSINESS WIRE)--Setting a new standard for online trading firms, Generic Trade is giving clients what they want. In a generally conservative industry, Generic Trade is offering online futures and options traders an innovative approach. With its simple pricing structure, easy access and cutting-edge technology, Generic Trade is raising the bar with its ground-breaking concept.

Instead of having a complex rate structure based on volume or account size, Generic Trade charges 59 cents commission for all trades and the only additional fees are those charged by the exchanges and NFA (applies to all firms). In addition, Generic Trade offers the lowest possible margins allowed by the exchanges as well as aggressive day-trading margins.

Drawing on nearly 20 years in the financial industry, Marc Nathan, president of Generic Trade, is committed to simply giving clients what they need to succeed in online futures and options trading. “Today’s traders are savvy with a wealth of resources at their fingertips, said Nathan. What’s been lacking is a firm that truly provides the best execution at the lowest cost. They’re looking for a company with financial security, stability and cutting-edge technology. Generic Trade is dedicated to providing that without hidden costs or the need to negotiate with a broker or salesperson. If it sounds simple, that’s because it is. It just hasn’t been done until now.”

For more information and a free $50,000 simulated trading account, visit the company Web site at www.generictrade.com or call 800.707.2006.

About Generic Trade

Generic Trade is a discount brokerage firm specializing in online futures and options trading. It offers the latest technology with unparalleled speed, reliability and functionality, provided by a cutting edge trading infrastructure. All accounts regardless of size or volume are 59 cents commission per trade. Generic Trade is registered with the Commodity Futures Trading Commission and is a member of the National Futures Association. For further information, please visit the company’s Web site, www.generictrade.com.

There is a substantial risk of loss in trading futures and options.