Advance Trading, Inc. recognizes and respects the privacy expectations of our customers and is committed to safeguarding our customers’ nonpublic personal information. We are providing this notice to you so that you will know what types of information we collect about individuals, such as yourself, who apply for or obtain our products or services, how we handle and protect such information, and the circumstances in which that information will be disclosed to third parties who are not affiliated with us. The provisions of this notice apply to former customers as well as current customers.
Information We Collect
We collect nonpublic personal information about you for business purposes in connection with our introducing broker operations. Such information is collected from the following sources:
Account Opening Documents and Other Forms, which may include information such as your name, address, tax identification number, income information, net worth, investment experience, verification of background reviews by the Futures Clearing Member (FCM), educational background and banking information;
Account History, such as information regarding the assets in your account and your account’s transactions, including the parties to a transaction, the positions held or sold, and pricing; and
Correspondence, written, telephonic or electronic between you, us and/or any service providers for your account.
“Nonpublic personal information” is nonpublic information about you that we obtain in connection with providing you with a financial product or service for your personal, family, or household purposes.
Information Disclosure to Third Parties
We do not disclose any nonpublic personal information about you to non-affiliated third parties, except to service providers and as otherwise permitted by law. We do not sell any personal information about you to any third party.
In the normal course of business, all of the nonpublic personal information we collect about you, as described above, may be shared with other persons who provide services in connection with your account (including FCMs, administrators, custodians, accountants or attorneys, as well as any other service providers for your account).
We may also disclose personal information with non-affiliated entities and regulatory authorities as permitted by applicable law. For example, we may disclose such information to cooperate with regulatory authorities and law enforcement agencies and as necessary to protect our rights and property.
Protecting Confidentiality and Security
We maintain physical, electronic, and procedural safeguards to protect the nonpublic personal information we have about you. We treat this information in a confidential manner. We restrict access to nonpublic information about you to employees who have an appropriate reason to access it, such as to administer your account or offer our products and services. We educate our employees on the importance of protecting the privacy and security of confidential personal information. In addition, we require third parties with whom we share information to:
maintain policies and procedures designed to assure only appropriate access to, and use of information about, our customers; and
maintain physical, electronic and procedural safeguards that comply with federal standards to guard nonpublic information of our customers.
FCMs will conduct third party verification reviews on certain confidential personal information and may share this information with us.
1For purposes of this notice, the terms “customer” or “customers” includes both clients of ours and individuals who have provided us with nonpublic personal information but have not become our clients.
Advance Trading, Inc.
Disclaimer
The information and data contained herein have been obtained from sources believed to be reliable but Advance Trading Inc. (“Advance”) does not warrant their accuracy or completeness. Recommendations and opinions contained herein reflect the judgment of Advance as of the date hereof, are subject to change, and are based on certain assumptions, only some of which are noted herein. Different assumptions could yield substantially different results. You are cautioned that there is no universally accepted method for analyzing financial instruments. Advance does not guarantee any results and there is no guarantee as to the liquidity of the instruments involved in our analysis. Advance, its affiliates, and its and their officers, directors, and employees may sell or purchase, for their own account or for customers, positions in futures, options or other instruments which may be similar or different from the positions referred to herein. Neither the information nor the recommendations and opinions expressed herein constitutes an offer to sell or buy any security, futures or option contract, or other instrument. As a matter of policy, Advance does not give tax, accounting, regulatory or legal advice to clients. Clients therefore should consult their own advisors regarding the tax, accounting and legal implications of the recommended strategies before transactions are affected. Information relating to past performance is not necessarily indicative of future results. Reproduction in any form without Advance’s express written consent is strictly forbidden. © 2010 Advance Trading Inc.
