Hedge Funds

KBAM Advisors formed


KBAM Advisors a new Chicago-based futures firm, expects to be up and running on February. The group will target short-term trading of futures and will provide advisory services to both high-net-worth individuals and institutional clients.

The firm will focus on global fixed-income futures and options of all durations from short-term 90-day Eurodollar futures to 30-year U.S. Treasury Bonds.

The KBAM team will be headed by Keith Burchett and Tom Arundel. Both Burchett and Arundel worked as independent floor traders doing business in the Chicago Mercantile Exchange's Eurodollar futures pit and the Chicago Board of Trade's Treasury Complex in the 1980s