—Advantage Futures LLC announced Wednesday that it will move to the Bank of America building, 231 South LaSalle, in a 10-year lease.
The futures trader will take 41,500 sq. ft. at the building, and will take occupancy later this month. Advantage currently has about half that amount at the Chicago Board of Trade building at 141 West Jackson. The company will maintain its execution team on the CME Group trading floor. In addition, Advantage retains its Business Continuity/Disaster Recovery Center in Downers Grove, Ill., as well as 10 data centers ensuring redundant connectivity and server colocation facilities.
“Advantage Futures is somewhat unique among futuresin that we offer end-to-end solutions for traders including technology, network infrastructure, back-office support, as well as private or shared office space for clients,” said John Schlaefke, chief administrative officer at Advantage, in a statement.