what does FUTEX do ?

Well if a profitable trader came to you with 5 or so years experience and you told them they have to trade your way and learn a completely new method when theres works fine..yes i would say that is ridiculous!

I absolutely agree. I gave an example already where the exception was valid

So you take on existing traders and let them go about things there own way? if they are proven

Yes, we have taken on experienced traders. And yes we allow them much more autonomy based on their experience. And yes such a person would probably not need to do the trading course. Although, we do encourage all traders to attend seminars, and experienced traders even lead seminars at Futex.

Is Futex involved in any way with automated systems?

Yes, of course, with so much talent at Futex, some of our traders incorporate this

"We have taken a dpuble digit number from zero to millionaire, but I will not name them."

Nobody wants their names but I would like to notice that if someone entered that business in 2002 or earlier it was hard not to became a millionaire just trading calendar spreads like Euribor and Short Sterling on LIFFE, you could bid and offer the best price and go for a walk for the rest of the day, pure market making was possible without any sophisticated systems just trading manually with large clip size, hundreds of thousands of pounds each day just waiting to collect them. Getting into that business then must have been like winning a lottery. I personally met double digit number of traders (they were trading for company founded by Kyte Group capital) who have made couple of hundred thousand pounds each from this between 2004-2008.
When Futex stopped to trade calendar spreads ? Wasn't that your "bread and butter" in the early years ?

Of course that makes sense when everything is on the highest level and I believe in Futex you provide that, you may gain some advantage in the long run.

And still if you would like to provide some specific information for serious people here would be easier for you to just give some statistics which speaks for themselves instead of ....
I understand it may be hard to give some specific information as your company exist for more than 10 years. But would you be able to say about those trained (self and your sponsorship, doesnt matter) say, after Lehman collapse in 2008
- how many traders with self sponsored Academy, % , stayed with Futex
- how many of sponsored by Futex, % , stayed with Futex
I assume it must be a difference because as you said, with your sponsoring you hand-pick from thousands
-what is their average daily P&L recently (just to give us some idea, range)
- what instruments they trade mainly (I heard they specialize in one instrument, in the beginning at least bund , dax, stoxx, any US markets ??
- what clip size /range/ they use usually, how many trades a day is it a sort of high frequency trading or a few good trades a day is enough

i can wait even one month for you to answer that, no hurry
I'm sorry but saying that you trained many millionaires from zero may be truth but it may also be misleading , how many millionaires have you trained from zero since 2009, 2008, 2007
i think that is some interesting data for everyone
excuse my english

isnt that more experimental department in Futex or they are really have some substantial results in the field of automated trading systems