About Us

Richards & Company (or "RichCo" as we have come to be referenced) was established in 1960 and is one of the largest independently owned FCMs. Through our registered Introducing Brokers (IBs) and correspondents, we offer a wide range of services, such as execution, brokerage, clearing, electronic trading, foreign exchange, leverage and managed futures to clients around the globe.

We provide services only to our registered member firms. If you are new to trading futures and would like a professional to help you, we are happy to recommend one of our many Introducing Brokers. With over 115 IBs worldwide, we can suggest one who will fit your personal needs. Otherwise, if you are an institutional trader simply looking for a self-directed account, we are glad to facilitate your trading needs directly. All of our professional traders work with an appointed RichCo account liaison officer, who serves as a main point of contact for any questions or concerns. Regardless of what type of client you are, you can expect to receive the most professional, attentive service.

We recognize the importance of our members doing their due diligence when choosing the right Futures Commission Merchant. From our extensive background in the futures industry to our rock-solid financials, we invite you to see why thousands of clients trust us. Although our headquarters are in New York, our global trading presence is evident in Europe, South America, Asia, the Middle East, and even Africa and the subcontinent of India.

RichCo offers our institutional and corporate clients an exceptional suite of execution and clearing services across all of the markets we serve. Our pre-eminent exchange rankings on all major commodity, futures, and options exchanges coupled with our extensive network of banking and financial relationships enable us to provide unmatched access to pools of liquidity. Our clients have confidence in our ability to execute and clear transactions in their best interest.

As a self-clearing firm, we offer a seamless path from order through execution, settlement, and reporting. Once a trade has been completed, our sophisticated clearing and settlement technology equips middle office to serve as an extension of our clients' back-office operations, thereby freeing up client resources. RichCo is one of the leading brokers of exchange-listed futures and options in the world.

We provide execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market. RichCo operates across a broad range of trading markets, including interest rates, equities, currencies and energy, metals, agricultural, and other commodities.

Our worldwide client base ranges from financial institutions, industrial groups, hedge funds and other asset managers to the professional trader and retail client.

We serve the markets in other ways offering escrow for clients who are in need of these services either institutionally within our banking partners or directly through our own secure portals. Although it is not our major focus, it has been instrumental in acquiring new clients and developed our own organization to higher levels of excellence.

RichCo operates on more than 70 exchanges, providing access to the largest and fastest growing financial markets in the world. We are the leader by volume on many of these markets and on a single day average eight and a half million lots, more than most of the world's largest derivatives exchanges.

This tremendous pool of liquidity attracts clients that desire market information and the ability to keep up with the changing nature of the derivatives markets.

Because our business is uniquely diversified across products, trading markets, customers and regions, we are able to adapt quickly to changing market conditions and client needs, and maintain our market-leading position.

For other large FCMs who have a need for facilities management services as well as clearing and execution, RichCo is your one-stop solution. RichCo can handle all of the back-office processes - from clearing and allocating trades to processing statements and generating 1099s. We can also provide an electronic trading infrastructure especially designed for the unique needs of the FCM's customers. Our facilities management services are second to none.