Paragon Global Markets LLC (abbreviated as PGM) was established in 2009 and is an independent introducing broker registered with the National Futures Association (NFA) in the United States. PGM specializes in providing clients with execution and clearing services in global derivatives and forex markets, utilizing leading electronic execution platforms, algorithms, expertise in the London Metal Exchange, block order management, order handling, and option strategy management in major global futures exchanges. PGM is headquartered in New York.
PGM's core business is futures execution services, offering: direct contact for trade execution, block order allocation, support for various exchange and synthetic order types including OCO (one cancels the other) and timed orders, give-up executions, STP (straight-through processing) execution, and average price allocation.
In addition, PGM provides clients with the opportunity to access global forex market liquidity. Through PGM's forex trading platform, clients can access over 70 spot forex markets, enjoying pure agency execution and the convenience of execution via trading platform, API, or agency platform.
PGM’s client base includes institutional traders, fund managers, commercial hedgers, commodity trading advisors, brokers, and individual investors.
PGM's CEO is Sexton, an experienced capital markets professional. Sexton previously served as CEO of Newedge USA, LLC and head of the Americas region for Newedge Group, SA. Sexton was also a member of the Executive Committee of the Futures Industry Association and a member of the Risk Advisory Board of New York Portfolio Clearing.
