Dorman Trading
Overview
Dorman Trading is a prominent futures brokerage firm that provides a comprehensive suite of services to individual traders, institutional clients, and introducing brokers. Established in 1956 and based in Chicago, Illinois, Dorman Trading has built a reputation for reliability, exceptional customer service, and robust trading infrastructure. The firm offers access to a wide range of futures markets, advanced trading platforms, and clearing services.
Key Features
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Futures Trading: Dorman Trading provides access to a broad array of futures markets, including commodities, financials, indices, and more. Clients can trade on major exchanges such as the CME, ICE, and Eurex.
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Advanced Trading Platforms: The firm offers multiple trading platforms to suit different trading styles and preferences, including popular platforms like NinjaTrader, CQG, Trading Technologies (TT), and more.
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Clearing Services: As a member of major futures exchanges, Dorman Trading provides clearing services, ensuring the smooth settlement of trades and the management of risk.
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Introducing Broker Services: Dorman Trading supports introducing brokers (IBs) with a range of services, including back-office support, marketing assistance, and technology solutions.
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Customer Support: Known for exceptional customer service, Dorman Trading offers dedicated support to help clients with account management, platform setup, and other trading-related inquiries.
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Risk Management Tools: The firm provides a variety of risk management tools and services to help traders manage their exposure and protect their capital.
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Educational Resources: Dorman Trading offers educational materials, including webinars, tutorials, and market analysis, to help traders improve their skills and stay informed about market developments.
Benefits
- Reliable Execution: Dorman Trading ensures reliable and timely execution of trades, which is crucial for active futures traders.
- Comprehensive Market Access: Clients can trade a wide range of futures markets, providing opportunities to diversify and implement various trading strategies.
- Advanced Technology: With access to industry-leading trading platforms and technology, traders can execute their strategies effectively and efficiently.
- Personalized Support: The firm’s commitment to exceptional customer service ensures that clients receive personalized support and assistance.
- Clearing and Settlement: As a clearing member of major exchanges, Dorman Trading provides seamless clearing and settlement services, enhancing the trading experience for clients.
Use Cases
- Individual Futures Traders: Access to a wide range of futures markets and advanced trading platforms to execute trading strategies.
- Institutional Clients: Reliable execution and clearing services for institutional trading desks and hedge funds.
- Introducing Brokers: Comprehensive support and services to help IBs grow their business and support their clients.
- Risk Management: Tools and services to help traders manage risk and protect their capital.
Integration and APIs
Dorman Trading supports various trading platforms and APIs to facilitate seamless integration with clients’ trading systems:
- CQG API: High-performance API for accessing market data and executing trades on the CQG platform.
- Trading Technologies (TT) API: Robust API for building custom trading applications and integrating with the TT platform.
- NinjaTrader API: Flexible API for algorithmic trading and custom strategy development on the NinjaTrader platform.
Clients and Partners
Dorman Trading serves a diverse range of clients, including:
- Individual Traders: Retail traders using Dorman Trading’s platforms and services to trade futures markets.
- Institutional Clients: Hedge funds, trading firms, and institutional investors leveraging Dorman Trading’s execution and clearing services.
- Introducing Brokers: IBs partnering with Dorman Trading to provide futures trading services to their clients.
Regulatory Compliance
Dorman Trading is a registered futures commission merchant (FCM) and is regulated by:
- Commodity Futures Trading Commission (CFTC)
- National Futures Association (NFA)
These regulatory bodies ensure that Dorman Trading adheres to strict standards of financial integrity and customer protection.
Security Measures
Dorman Trading employs robust security protocols to safeguard client data and funds:
- Data Encryption: Advanced encryption technologies to protect sensitive information.
- Secure Data Centers: Physical and cyber security measures to ensure the integrity of trading infrastructure.
- Regular Audits: Compliance with regulatory requirements through regular internal and external audits.
Website
For more information about Dorman Trading and their services, visit the official website: Dorman Trading