CHICAGO--(BUSINESS WIRE)--Mirus Futures, a top futures broker for CTAs, self-directed traders, and automated systems developers, announced today that it will extend its managed futures offerings to feature additional programs through Dorman Trading. With the arrangement, Dorman’s featured CTA programs will join Mirus Futures’ existing managed futures partners DeSoto Capital Management and Sema4Group.
Managed futures are accounts directed by certified commodity trading advisors (CTAs) who trade futures contracts in areas such as equity indexes, soft commodities, metals, grains and currencies, for example.
Elliot Wickersheimer, CEO of Mirus Futures, commented, “Managed futures are an important part of a diversified portfolio and we are excited to partner with Dorman on this offering. We strive to empower all our customers with best of breed services and technology and think our managed futures offering will help meet that goal.”
Managed futures are an increasingly popular alternative asset investment service that combine the potential to lower overall portfolio risk and the opportunity to profit in a variety of economic environments. At the end of 2010’s 2nd Quarter, managed futures surpassed all other hedge fund investment strategies based on assets under management, according to BarclayHedge, Ltd. In 2008, managed futures programs, as measured by the Barclay CTA Index, outperformed the stock market by 51 percent*.
For Mirus Futures’ clients, the expansion to the managed futures offering provides additional opportunities to customize their portfolio matched to return objectives and tolerance for risk. Clients will also enjoy absolute transparency into their segregated accounts, complete with daily statements available online or by email.
Managed futures assets have produced positive returns during downturns in the stock market; in the last 30 years, the six biggest declines in U.S. stocks coincided with rising managed futures accounts.
About Mirus Futures:
Mirus is a full service futures brokerage firm specializing in new technologies, networks and trading applications. Serving close to 25,000 accounts in addition to a base of professional traders and groups, Mirus maintains its personal touch and one-on-one relationships with traders of all types. With the help of overseas affiliates and institutional clients, Mirus now serves traders worldwide. For more information and to receive a demo, please visit www.mirusfutures.com
* Zweig, Jason. “Are Managed Futures in the Cards for You?” Wall Street Journal. May 16, 2009: B1.