With great anticipation, we’d like to announce a new clearing relationship for the Foremost family: Archer Daniels Midland Investor Services (but you can call them ADMIS for short.)
On November 30th Vision Financial Markets, LLC, (VFM) will cease to exist and ADMIS will be clearing those accounts.
Archer Daniels Midland, the parent company of ADMIS, is a Fortune 50 company. They are one of the largest food and alternative fuel processing companies in the world with 2013 net sales at $90 billion. Naturally, ADMIS is one of the largest Futures Commission Merchants in the futures industry with Customer Segregated Funds approaching $4 billion.
If you currently have an account at Vision Financial, rest assure there will be no disruption to your account or trading. Vision clients should have received an email from Vision’s owner, Howard Rothman, explaining that you should contact them only if you do NOT want your account to go to ADMIS, otherwise the transfer will occur automatically.
As one of the largest clearing FCMs in the industry, we look forward to working with ADMIS to provide even better service and security to our clients. Feel free to read more about ADMIS in their 2013 Financial Statement by clicking on the image below.
Even if you don’t currently trade through Vision, but would like to open an account with ADMIS after December 1st, give your BROKER a call.
Disclaimer: Trading futures, options on futures, retail off-exchange foreign currency transactions (“Forex”), investing in managed futures and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. This website contains information obtained from sources believed to be reliable, but such information has not been independently verified and its accuracy is not guaranteed by Foremost Trading. Past performance is not necessarily indicative of future results. Any mention of performance in any context whether actual or hypothetical is no guarantee of future results. Foremost Trading became a registered ‘dba’ of RCM Alternatives in July of 2020. Please see full disclaimer here: https://www.rcmalternatives.com/disclaimer/