Live operations were piloted in early February, with the system officially launched yesterday. FFastTrade’s clients include CME, the Chicago Board of Trade and the Chicago Board Options Exchange traders.
James Oliff, president, and Tom Chlada, chief executive of FFastFill, will head FFastTrade US in Chicago. FFastTrade US is 80% owned by FFastFill, with the balance owned by LaSalle Street Trading, a broker based at the CME. Oliff is president and chief executive of LaSalle.