Shatkin Arbor Inc., the Chicago-based futures broker and clearing firm, has been purchased and will be integrated with Macquarie Futures USA Inc., a New York-based futures commission merchant (FCM). Its parent company, Macquarie Group, purchased the business and assets for an undisclosed sum.
The combined business will be led by Joseph Mazurek, managing director and president of Macquarie Futures. Shatkin Arbor’s staff of 25, including senior management will become employees of Macquarie Futures.
“Shatkin Arbor complements Macquarie’s current U.S. futures operations extremely well, giving us a strong and proven clearing platform for our growing efforts in the region,” says Bill Marynissen, executive director and global head of Macquarie’s futures business.
“Adding this experienced team to our business will significantly expand our operations by enabling Macquarie Futures to directly execute and clear trades on both the CME and CBOT markets for our clients,” he says.
