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PTI Securities & Futures LP
  ............ 800.821.4968
 
   

Investment Professionals - for the Professional Edge

    
 
Welcome to PTI Securities & Futures LP. We cater to investors by offering high-end trading and money management services.
View the history of PTI Securities, management credentials, branch offices, news, and valued service partners.
The Protected Index Program provides portfolio diversification and protection, all within the individual client's customized risk profile.
For self-directed, independent traders who do not require broker assistance.
Place your trades by phone. PTI's expert brokers have over ten years on the trading floor and will answer your call by the third ring.
We offer investment education through seminars, teleconferences, a weekly newsletter, and Tom Haugh's financial blog, DOLLAR$ and SEN$E.
Contact us by phone, fax or e-mail. PTI brokers are available Monday - Friday, 7:30am until 4:30pm Central Time. Toll Free 800.821.4968.
Securities     Futures     IRA Options     Online Account     Brokers     Commissions     FAQs
Call toll free at 800.821.4968 to speak with a broker.
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Professional Expertise: Research, Analysis and Planning

PTI Securities & Futures LP was established by knowledgeable professionals in the financial risk management arena. Our Account Managers have an average of 10 years experience making markets and trading securities on the floor of major exchanges. Moreover, each PTI Representative on the trading desk is a Registered Options Principal. The firm's research capabilities access the most current recommendations from most major brokerage firms. Thorough analysis of theoretically every position can be performed on a timely basis using the latest pricing and modeling software. Accordingly, the advanced hedging strategies available can be designed for virtually any market environment. Our firm heavily factors the client's risk parameters and expectations for underlying securities. The integrity of these elements is preserved to a maximum practical extent during the implementation process.

PTI clients approach the markets with the knowledge, attitudes, and expectations of a professional trader. PTI also helps serious investors understand the strategies that professionals employ. For these investors, the greatest challenge is finding a broker who understands what they're trying to do - and knows how to make it happen. Clients of PTI want a broker who:
  • ..Understands the most sophisticated investment strategies;
  • ..Provides tactical advice on how to implement those strategies;
  • ..Treats them like professionals;
  • ..Delivers professional execution capabilities and trading floor access; and
  • ..Offers transaction rates that won't offset smart trades
Account Protection and Disclosure Information
 

PTI Securities is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $100,000 for claims for cash). For details, please see www.sipc.org. Additionally, together with Mesirow Financial Inc., PTI has purchased excess SIPC coverage to insure each account for an additional $29.5 million in securities.As a second level of protection, Mesirow Financial has purchased additional SIPC coverage from Lloyd's of London, the world's leading insurance carrier. This policy provides additional account coverage of up to $34,500,000, including up to $2.9 million for cash, per client as defined by the SIPC rules and is subject to a firm aggregate limit of $125 million. Subject to the terms and conditions of the Lloyd's policy, this coverage applies when a shortfall exists upon the return of assets to clients should Mesirow Financial, Inc. be liquidated or declared insolvent. Options involve risk and are not suitable for everyone. For information on the characteristics and risks of options, kindly refer to the risk disclosure documents entitled "Characteristics and Risks of Standardized Options" or contact PTI Securities to request a copy. Investors considering options should consult with their Tax Advisor for the tax effect of contemplated options transactions.

Note: SIPC does not cover commodity contract and options on futures. SIPC does not protect against market loss.

PTI Securities is a full service brokerage firm, cleared through Mesirow Financial Inc. PTI Securities has a separate account application from PTI ProDirect and is geared towards beginning to intermediate traders who anticipate needing the assistance of PTI's brokers by phone on a regular basis or who prefer to take counsel with our brokers about stock positions, market climate, etc. The website you are currently viewing is PTI Securities.

PTI Securities also offers money management for accounts over $75k by way of the strategically successful Protected Index Program®, whereas PTI ProDirect does not offer money management.

PTI ProDirect is a separate online trading system, cleared through Interactive Brokers LLC. PTI ProDirect has a separate account application from PTI Securities and is geared towards self-directed intermediate to expert traders who are comfortable trading independently, with minimal help and no counsel from brokers, however at competitive rates. For complete information, visit PTI ProDirect's website at www.PTIProDirect.com.

Click here to access PTI's printable account forms:

You will be asked if you have read the "Characteristics and Risks of Standardized Options" disclosure document and will then be directed to fill out a preliminary information form and submit it. You will then be directed to the Account Forms page where you may select the type of account you wish to open by clicking, downloading and printing the forms, which are in PDF file format. Please follow the directions on this page with regards to mailing and processing your application. If, after following the instructions on this page, you are still unsure if you completed the account forms correctly, Contact Larry Kelch at 800.821.4968 or fax your forms to 312.663.3058 - Attn: Larry for an initial review - please include your immediate contact information on a fax cover.

If you have problems downloading / printing these forms, call PTI toll free at 800.821.4968 to request an account pack via U.S. mail.

An Account Transfer Form (ACAT), found on the Account Forms page of this website, must be completed and submitted with the account application forms, along with a copy of your last account statement received from your previous broker.
The suggested minimum dollar amount to open an account is $10,000. Call PTI at 800.821.4968 for details.
Funding of accounts may be accomplished by wiring funds OR including checks with completed account applications (please refer to the "To whom should I make out a check?" section).
Securities Account checks MUST be made payable to: Mesirow Financial Inc. All checks must be drawn on an account in the name of the customer. Third party checks or checks made payable to PTI Securities & Futures WILL BE RETURNED. (All checks drawn on accounts titled differently than that of the account to be opened are considered third party).
Futures Accounts: A certified check, cashier's check, personal check or money order MUST be made payable to: RJ O'Brien. If this is a new account, personal checks, money market checks and savings and loan checks may require clearance before you can trade. In addition, the originating source of all funds coming into the account must match the name on the account.

Securities Wire Transfer instructions:
Futures Wire Transfer instructions:
The Bank of New York
Harris Trust & Saving Bank
One Wall Street
Chicago, IL
New York, NY 10286
ABA #071-000-288
ABA # 021-000-018
For the A/C of: R.J. O'Brien & Associates, Inc.
For the A/C of: Mesirow Financial, Inc.
Customer Segregated Funds
A/C # 8900-366540
A/C #: 367-171-6
FBO: (Customer a/c name)
For further credit to: (Customer a/c name)
(Customer a/c number)
(Customer a/c number)
1) Wired Funds - full amount within 1 business day after receipt.
2) Personal checks - a check received after 2:00pm CT is considered "received" the next business day.

Member of SIPC, which protects securities customers of its members up to $500,000 (including $100,000 for claims for cash). Explanatory brochure available upon request at www.sipc.org. Additionally, together with Mesirow Financial Inc., PTI has purchased excess SIPC coverage to insure each account for an additional $29.5 million in securities.

Note: SIPC does not cover commodity contract and options on futures. SIPC does not protect against market loss.
In addition to our standard account application forms, all non-U.S. citizens must fill out the appropriate IRS Form W-8. Click here to access this form.
Checks to be mailed may be requested via phone at 800.821.4968, by fax at 312.663.3058, or by e-mail. Funds to be wired must be requested via a signed fax message.
Once PTI has received all appropriately completed application forms from you and your account is funded and established, you will then have the ability to enable your own online trading by Registering for Access. If you are uncertain if your account is complete and / or funded, please call PTI toll free at 800.821.4968.
All listed Stocks, OTC, and most OTC-BB stocks can be traded. In addition, you can trade Options, Futures and Future Options.
  • ..Market Orders
  • ..Limit Orders
  • ..Stop Market Orders
  • ..Stop Limit Orders
  • ..Limit Sweep Orders
  • ..Market Sweep Orders
  • ..Pseudo Market Sweep Orders
  • ..Conditional Orders
  • ..Covered Call Writing
  • ..Call Buying
  • ..Put Writing (Selling)
  • ..Put Buying
  • ..Futures
  • ..Arbitrage
  • ..Managed Index Investing
  • ..Managed Risk Collars
  • ..LEAP Buy Writes
  • ..Spread
  • ..Ratio Spread
  • ..Straddle
  • ..Strangle
  • ..Strip/Strap
  • ..Combination
  • ..Butterfly Spread
  • ..Box Spread
  • ..Collar
  • ..Covered Write
  • ..Married Put
Orders can be entered via PTI's Online Trading System, or by telephone at an additional cost.

To receive help getting set up to trade online or if you experience problems with your online account, please contact PTI's Director of Online Trading, Matt Frankiewicz, toll free at 800.821.4968.
For online trading, Stock & Index Options are $2 per contract with a $19.95 commission minimum. Online Stock trades are .02¢ per share with a $19.95 commission minimum. Broker assisted trades (trades placed by telephone) for Stock & Index Options are $5 per contract with a $45.00 commission minimum. Broker assisted Stock trades are .05¢ per share with a $45.00 commission minimum. In the uncommon event that our servers or our link to the internet goes down, commission charges on phone orders, during that period of time, will not include the additional charge difference incurred by broker-assisted orders.

PTI dispatches periodic Trade Recommendations via e-mail to PTI clients. For individual client recommendations and counsel, please call PTI to speak to a broker by phone. 800.821.4968.

We are aware that some of our clients may not open their e-mail in time to take advantage of PTI's Trade Recommendations. Therefore, PTI offers clients the option to be included on our Automatic Execution list. For details, contact broker Jim Doran for details toll free at 800.821.4968.
There is no requirement to open a margin account. PTI operates at exchange minimums on all option spreads. For more information refer to the CBOE Margin Manual.
For all broker-assisted trades, you will be sent a confirmation as soon as we receive it. You will be immediately notified via e-mail if you are using PTI's Online Trading System.
It is the customer's obligation to notify PTI Securities & Futures in a timely manner of any discrepancy regarding their account. In the event of a trade dispute or any other issue relating to an order, PTI expects our customers to notify our trading staff promptly (within 1/2 hour of the occurrence). Whether it be an improper fill or confirmation of order status, the earlier we receive your inquiry, the more timely we can resolve the issue. Call 800.821.4968.

If any of your personal contact information changes please contact PTI by phone at 800.821.4968, by fax at 312.663.3058 or by e-mail PTI with your account number and updated information.
Toll free telephone support (800.821.4968) for trading is provided from 7:00am until 4:30pm CT. Support may also be accessed in the online Account Log In panel (see homepage).

All PTI accounts are carried by Mesirow Financial Inc., a clearing firm. When funding a PTI Securities account by check, checks must be made payable to Mesirow Financial, Inc., not PTI Securities. Through Mesirow, PTI offers clients a full range of financial products and services. Among them:

  • ..Stocks
  • ..Keoghs
  • ..IRAs
  • ..Managed Accounts
  • ..Pension Portfolios
  • ..Mutual Funds
To make sure that PTI Securities e-mails are not filtered into your "junk" or "bulk" folder, please add us to your list of trusted senders. Add "GreatExecutions@PTISecurities.com", "Help@PTISecurities.com" AND "PTISecurities.com" to your e-mail address book.
What other details can you give me?
  • .Short selling is available
  • .You may place orders until 4:30pm Central Time
  • .ECN's will be used for some orders
  • .Clearing is handled by Mesirow Financial, Inc.
  • .IRA Accounts will be accepted
  • .Cash balances earn monthly interest or can be automatically swept into a money market fund of your choice.
     

PTI's IRA Trust Documents with Delaware Charter Guarantee and Trust Co. specifically allows the use of near term options. This amendment allows for the purchase of Option Contracts (any time frame), debit and credit spreads (any time frame), and covered Put writing. Basically, this allows you to trade any option strategy that has a defined amount of risk, provided of course that the maximum risk of the position is covered by cash in the account. This amendment also allows for a significantly greater amount of flexibility in both strategies that can be used and the time frame selected for each strategy. The strategy and time frame flexibility will be significant advantages in an uncertain market. Looking to trade options in your IRA? PTI accepts nearly all Index and Stock Option trades, including:
LEAPs Buy Call
Sell Cash Secured LEAP Put
Sell Bull Put Spreads
LEAPs Buy Put
LEAP Covered Combinations
Buy Call Calendar Spreads
LEAPs Bull Call Spread
LEAP Collars
Buy Put Calendar Spreads
LEAPs Bear Call Spread
Buy Call Options
Buy Call Diagonal Spreads
LEAPs Bull Put Spread
Buy Put Options
Buy Put Diagonal Spreads
LEAPs Bear Put Spread
Buy Bull Call Spreads
Sell Cash Secured Put
Purchase LEAPs Call / Sell Near Term Call
Sell Bear Call Spreads
Covered Combinations
Purchase LEAPs Put / Sell Near Term Put
Buy Bear Put Spreads
Collars
.
Short Equity Puts (100% cash secured)
SEP IRA's, 401 Rollovers, Roth IRA's accepted
Money Purchase and defined benefits plans accepted
$10,000 Minimum
 
Unlike many other large online competitors, PTI Securities prides itself on the expertise of its staff – a group of knowledgeable ex-floor traders with an average of 10 years experience in the exchange pits. If a client is unsure about positions or has a question about their account, they can call PTI from an hour before the market opens to an hour after the market closes and an actual expert risk strategist -- not an automated telephone system -- will answer by the third ring to provide the client with the one-on-one customer service support they seek and deserve.
Trade independently online with ease and receive e-mail confirmations of all your online trades. All of the customized features are available at a few clicks of a mouse. Getting set up online is easy for PTI clients. There is no software to download and no inactivity fees. Clients simply visit PTI's home page and click on “Client Log In” for set up prompts. Or, clients who would like to be walked through this process can call Matt Frankiewicz, Director of Online Trading, at 800.821.4968 with questions.
Online trades result in competitive rates than broker-assisted trades, yet if the online trader needs help or has a question about their online activity, they can call any of our knowledgeable brokers toll free at 800.821.4968 from an hour before the market opens to an hour after the market closes each day (CT).
 
Traders who do not require broker assistance are directed to PTI ProDirect.
Broker-Assisted Rates
Stock & Index Options...
$5 Per Contract
$45.00 commission minimum
Stock...
5¢ Per Share
$45.00 commission minimum
PTI Securities Online Trading Rates
Stock & Index Options...
$2 Per Contract
$19.95 commission minimum
Stock...
2¢ Per Share
$19.95 commission minimum
Futures & Futures Options Commission Rates
Online...
$19.00 Per Contract (Round Turn)
Broker-Assisted...
$25 - $65* Per Contract (Round Turn)
* Negotiable, depending on number of contracts.

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...PTI Securities & Futures LP .....411 S. Wells Street, Suite 900, Chicago, IL 60607..... P. 800.821.4968 .....F. 312.663.3058
Options involve risk and are not suitable for all investors. Copyright © 2010 PTI Securities & Futures LP .|. Member SIPC NFA FINRA