FuturesTechs celebrates 10 years in business this year. Back in March 2000, exactly as the NASDAQ 100 peaked above 4800, I set up FuturesTechs to provide analysis for Caboto Securities, the firm I had just left, plus any other ex LIFFE traders who were interested. The LIFFE Floor had recently succumbed to the rise of Electronic trading and the “Locals” (traders who traded their own money) had all moved up to a number of offices dotted around London and the home counties. These guys were struggling. They needed an edge, as their previous edge (awareness of the ebb and flow of orders in the trading pits) had completely disappeared. These traders were the bread and butter for FuturesTechs for many years to come, and it’s only in recent years that we’ve branched out to offer our services to a host of other traders, brokers and market participants.
The Locals-turned-arcade traders traded The Bund, Bobl and Schatz spreads, as well as Euribor and Short Sterling Futures, again mostly spreads, so these were the first reports we wrote. Below is one our early reports from that era.
Bund Report from 2000 – Click here
In the early years I moved to Australia, then back to the UK, I had several stints with trading firms (alas day trading and writing analysis didn’t prove to be a good mix), and I wrote the reports from all manner of different locations. It wasn’t until 2007 that the business’s growth forced us to “grow up” and get our own premises.
By this time we were up to 4 staff, and writing around 25 pages of analysis per day. We were writing more and more reports, covering Commodity markets in response to demand from a new swathe of traders leaving Futures Floors like the IPE. We then decided to “branch out” and build a website to offer the reports to a wider audience. We employed the services of Silkstream, a fellow Southend-based company, and they did a fine job, and we now have a growing band of Private Investors and Individual clients who find this to be an essential part of their daily trading routine.
We’ve been able to add lots of functionality to the website as we’ve gone along, making it something that is constantly evolving; becoming better value for money by the day. We have recently posted our first Video on the Members Area, and this Blog continues to grow and grow, particularly with our “Tutorial” blogs that many have found useful when starting their journey in Technical Analysis.
2009 saw us add “Skew-Bars” to all of our reports, and this colour coding of the support and resistance levels has proved a real hit across the board.
2009 also saw our client base expand even further afield, offering trade recommendations to UK Equity traders, money managers and brokers.
We have recently added another layer to this product, also available within the members area, with our “Trade Signals” report, using our in depth knowledge of Technical Analysis to provide a daily list of things to watch that may be of interest.
Click here to see a sample page from this report.
If you’ve stumbled across us for the first time then why not request a trial of our service.
Professional clients: click here to see what we can offer you.
Private Investors/traders: click here for a website trial.
Here’s to the next 10 years!
Cheers,
Clive.