Interesting infomation
"Although there are those who do this in the equities market, the futures and derivatives market is all about trading, and is a market where traders and institutions with sophisticated algorithmic trading systems make the money.
While SWARM may be an impressive trading system it is only the first of many to come. SpoozToolz is a platform designed to create and run trading systems. While this might sound like it is for professional traders, using Excel as the GUI combined with a management dashboard and intuitive tool bars enables the average trader or investor to use it effectively."
I get the impression that the first of these paragraphs more or less confirms the view that has been advanced by me that the futures and derivatives market represent a very large part of the total market.
The second paragraph suggests that it may be of limited importance if the deal with 141 Capital is optimal or not. I take it that the future trading systems will be owned by SPZI which will be at liberty to utilize their potential the way it prefers to.