History
Saratoga Futures is a leading electronic commodities and futures broker to CTAs, CPOs and traditional hedge funds. Having achieved a significant footprint in electronic trading allows us to offer customers significant leverage in developing the best FCM relationships, whether it’s trading costs and system support or assistance with clearing and allocations, or any other aspects of your business.
The firm was founded in January of 2004 (dba BCM Futures) to help institutional firms take advantage of the new exemption rules adopted by the Commodity Futures Trading Commission on August 8, 2003. The adoption of the “Pool Exemption Rules” allows hedge funds to trade futures without having to get registered as a Commodity Pool Operator (CPO) with the National Futures Association, as long as certain broad limits are not breached. The new rules represent a major liberalization of the CPO registration requirements and significantly reduce the barriers to entry and the ongoing burden and cost of the previous regulatory obligations for funds managers who wished to transact business in futures and commodity interests on behalf of their investors.
Hedge funds that claim a registration exemption will now have the capability to trade equity index, fixed income, currency, energy complex and various physical commodity interests on behalf of their investors.


