CHICAGO, Jan. 31, 2014 /PRNewswire/ -- Advantage Futures announced significant reductions in server colocation pricing. In an environment of escalating fees, Advantage believes it appropriate to help our clients in every way possible. "Many clients rely on server colocation for latency sensitive trading, and we believe it prudent to pass along the benefits from our economies of scale," said Joe Guinan, Chairman and CEO, Advantage Futures.
Some of the reductions include:
CME Group Colocation Services
(pricing offered exclusively by Advantage Futures, not by CME Group)
Reduced Facility Infrastructure Fee by $400 per month
Reduced Exchange Connectivity Fee by at least $500 per month
Reduced Server Install Fee by $1000 and waived through May 31, 2014
350 East Cermak
Reduced Server Hosting fee by $100 to $200 (per U) per month
Reduced Exchange Connectivity Fee by up to $400 per month
Server Install Fee waived through May 31, 2014
Fee reductions take effect February 1, 2014.
For more information please contact Advantage Futures at 312-800-7000 or visit www.AdvantageFutures.com.
About Advantage Futures
Advantage Futures is among the highest volume clearing firms in the industry. We processed over 2.8 billion contracts in the last ten years for a diverse and expanding client base. Advantage strives to deliver the highest level of personalized client service including technology support, customized risk management, and responsive back office operations. Advantage provides comprehensive, technology-driven clearing and execution services over robust and redundant network infrastructure--allowing clients to focus on trading.
SOURCE Advantage Futures