We Get to Know You
The first step in successful investing is to sit down with you, and Invest in You as a Person. At Great Lakes, We Keep it Personal. We’re not only here for your business success. We’re here for You.
We finalize your Investments and Trades with a Full Inspection and make sure you’re completely satisfied with the direction we’re taking you. We stand behind our comittment to Provide our Services with the utmost honesty and Integrity. We look forward to investing with you for years to come!
An Introduction to Great Lakes Trading
Meet the Owner
Hi, I’m Pat! I enjoy living in northern Indiana in the eastern corn belt of the Midwest with my beautiful wife Therese, sons, Patrick and Brendan, and daughters, Anna and Elena. I enjoy playing piano, organ and violin. If you come to Warsaw please stop and listen to our local community orchestra which I am privileged to have the opportunity to play in, Symphony of the Lakes. My family and I enjoy camping, sports and exercise throughout the Midwest and beyond.
Great Lakes Trading Co., Inc. (GLTC) is a futures and options brokerage and consulting firm located in Warsaw, Indiana in America’s Eastern Cornbelt of the Midwestern United States. Although not next to a Great Lake we are found about halfway between South Bend and Fort Wayne Indiana, in the Great Lakes region known as Michiana.
Whether your location is Indiana, Illinois, Ohio, Michigan, Canada, Latin America or anywhere around the world, Great Lakes gives you no minimum account size access to commodity futures and options markets world wide. Managed funds and Foreign exchange are also available, however a minimum account size is required. GLTC works to find solutions that fit you or your business. GLTC assists many different types of clients: Hedgers managing inherent price risk in physical and financial commodities, from crude oil to coffee, to bonds and stock indexes and everything in-between, as well as clients diversifying financial assets through Managed Funds, or individuals implementing their own trading methods.
GLTC’s experience in assisting hedgers ranges from agricultural producers managing price risk in grains and livestock, to orthopedic and software companies managing foreign currency exchange risk. GLTC also assists Central and South American clients working to hedge diverse commodity risk ranging from coffee, cocoa, sugar to grains and foreign exchange. GLTC, has also worked with Latin American banks in hedging foreign currency assets. GLTC en Espanol.
Put Great Lakes 35 plus years of experience to work for you or your company, open an account today!.
Risk of loss in trading futures/options contracts can be substantial only genuine risk funds should be used.
Risk Disclaimer Statements
THE RISK OF LOSS IN TRADING COMMODITY FUTURES CONTRACTS CAN BE SUBSTANTIAL. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. IN CONSIDERING WHETHER TO TRADE OR TO AUTHORIZE SOMEONE ELSE TO TRADE FOR YOU, YOU SHOULD BE AWARE OF THE FOLLOWING:
YOU MAY SUSTAIN A TOTAL LOSS OF THE INITIAL MARGIN FUNDS AND ANY ADDITIONAL FUNDS THAT YOU DEPOSIT WITH YOUR BROKER TO ESTABLISH OR MAINTAIN YOUR POSITION. IF THE MARKET MOVES AGAINST YOUR POSITION, YOU MAY BE CALLED UPON BY YOUR BROKER TO DEPOSIT A SUBSTANTIAL AMOUNT OF ADDITIONAL MARGIN FUNDS, ON SHORT NOTICE, IN ORDER TO MAINTAIN YOUR POSITION. IF YOU DO NOT PROVIDE THE REQUIRED FUNDS WITHIN THE PRESCRIBED TIME, YOUR POSITION MAY BE LIQUIDATED AT A LOSS, AND YOU WILL BE LIABLE FOR ANY RESULTING DEFICIT IN YOUR ACCOUNT. UNDER CERTAIN MARKET CONDITIONS, YOU MAY FIND IT DIFFICULT OR IMPOSSIBLE TO LIQUIDATE A POSITION. THIS CAN OCCUR, FOR EXAMPLE, WHEN THE MARKET MAKES A “LIMIT MOVE”. THE PLACEMENT OF CONTINGENT ORDERS, SUCH AS A “STOP-LOSS” OR “STOP-LIMIT” ORDER, WILL NOT NECESSARILY LIMIT YOUR LOSSES TO THE INTENDED AMOUNTS, SINCE MARKET CONDITIONS MAY MAKE IT IMPOSSIBLE TO EXECUTE SUCH ORDERS. A “SPREAD” POSITION MAY NOT BE LESS RISKY THAN A SIMPLE “LONG” OR “SHORT” POSITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN FUTURES TRADING BECAUSE OF THE SMALL MARGIN REQUIREMENT CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. THIS BRIEF STATEMENT CANNOT, OF COURSE, DISCLOSE ALL THE RISKS AND OTHER SIGNIFICANT ASPECTS OF THE COMMODITY MARKETS. YOU SHOULD THEREFORE CAREFULLY STUDY FUTURES TRADING BEFORE YOU TRADE. PAST RESULTS ARE NOT INDICATIVE OF FUTURE PERFORMANCE. THERE IS A RISK OF LOSS TRADING FUTURES. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY COMMODITY TRADING ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN, IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR COMMODITY TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL COMMODITY TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL COMMODITY TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL COMMODITY TRADING. FOR EXAMPLE, THE ABILITY T O WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR COMMODITY TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL COMMODITY TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE COMMODITY MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC COMMODITY TRADING PROGRAM WHICH CAN NOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL COMMODITY TRADING PERFORMANCE RESULTS, AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL COMMODITY TRADING RESULTS.
At Great Lakes Trading Co., Inc.(“GLTC”) we value our customers, and maintaining customer trust and confidence is our highest priority. While it is necessary that we obtain accurate and current information about our customers in order to provide the highest level of customer service, we are dedicated to protecting the privacy and confidentiality of our customer’s information. GLTC will never sell your personal information to anyone. We will not use or distribute your personal information in any way without prior notification to you.