Chicago-based R.J. O’Brien, which has taken over a number of customer accounts from failed brokerage MF Global has plans to open an office in Greenwich or Stamford.
Greenwich resident Stafford Bucknall, a former manager at MF Global was hired by RJO and will head the new Connecticut office.
From RJO’s website:
R.J. O’Brien & Associates is the oldest and largest independent futures brokerage and clearing firm in the United States. A futures commission merchant (FCM), RJO is a full clearing member of: the CME Group (founding member of the Chicago Mercantile Exchange); IntercontinentalExchange (ICE); NYSE Liffe U.S.; and the CBOE Futures Exchange (CFE).
RJO offers the latest in order entry technology coupled with 24-hour execution and clearing on every futures exchange worldwide. The firm services a global network of approximately 300 introducing brokers, as of September 30, 2011, and many of the world’s largest financial, industrial and agricultural institutions.
Our Place in the Marketplace
Founded in 1914, RJO is one of the last ’boutique’ futures firms in the industry. It is a privately held business owned by the O’Brien family of Chicago. For many years, the O’Briens have been instrumental in the development of the futures industry and are committed to the continued growth of the company.
With client assets of approximately $2.8 billion, RJO is a well-diversified, fully integrated FCM. Our revenue base is approximately $275 million annually while our net capital base is approximately $190 million. RJO’s diversified client base allows us to regularly capture top tier market share in both agricultural and financial futures products at both the CME and CBOT.
For those with skills in the futures trading, contact Bucknall at (646)205-7544.