Prop trading firm The Trading Pit has announced a new strategic partnership with Edge Clear, a Chicago based futures broker. The partnership with Edge Clear will provide The Trading Pit with enhanced execution in futures and offer what the company calls unparalleled trading conditions to its customers.
Edge Clear provides various customised solutions for members to gain access to the global electronic futures and commodities markets.
Max Timmins, Vice President of Edge Clear said:
“We are excited to partner with The Trading Pit and bring our expertise in futures and trading to its customers. The Trading Pit’s unique approach to prop trading, solid product vision and deep trading expertise align with our mission to provide outstanding broker services and solutions. This is an exceptional opportunity for both companies to progress and grow together.”
Christoph Radecker, co-founder of The Trading Pit added:
“We are thrilled to partner with Edge Clear and provide our customers with even more exceptional services and solutions. Our partnership with Edge Clear will further enhance our capabilities and bring unparalleled value to our customers.”
The parties said that The Trading Pit and Edge Clear partnership underscores their commitment to delivering innovative solutions to customers in the Futures and trading space. As a result, the companies are poised to set a new standard for excellence in the industry and provide exceptional opportunities for traders, making trading accessible to all.
The Trading Pit was established in 2022, and is domiciled in Liechtenstein but managed mainly from Cyprus. Late last year the company raised €10 million in funding led by Pinorena Capital, an Estonia based private equity firm led by fintech entrepreneur Illimar Mattus. Pinorena’s other investments include Tickmill and Darwinex. The Trading Pit recently hired former Skilling and FXview executive Daniela Egli as CEO.
