In stochastic simulation models, ranges of probabilities for the variables are developed. Simulations of this kind have proved extraordinarily accurate on balance, as verified by comparisons between results generated through the simulations versus actual outcomes. The brokerage and financial management industry continues to see significant growth, despite some unusual recent drops in exchange-traded futures volume. It has also become an increasingly competitive arena for gaining access to the investment capital of potential customers. As the trading community has become more technical in its approach to evaluating investment arenas, it has also become more adept at applying mathematics and statistics to the development of trading techniques and models.
Customers receive full statements, con firms, equity runs and documentation.
The MIT Program, for example, allows institutions to sponsor any number of traders in simulated trading accounts. The Virtual Exchange Program provides exchanges the opportunity to test and market a prospective contract before its actual launch. Order processing and administrative services are located in Boca Raton, Florida, with sales and marketing handled in Florida and North Carolina. Clients now include institutions, exchanges, universities, service bureaus and individuals. Gene D. Donney has been a member of most major futures exchanges.