Clearing and Custodial Firms
Read up on clearing and custodial firms serving RIAs and others in the wealth management arena.
Clearers on the March
By Jane Wollman RusoffBear Stearns' sudden collapse last March indeed shook Wall Street and sent shock waves throughout every financial market around the globe. But at least one behind-the-scenes...
January 01, 2008
Clearly ProfitableTheir customers say, and have become much more of a partner with their correspondent broker/dealers than simply executors of trading and settlement. Independent B/D executives have...
September 01, 2007
Keeping Clearing Clients HappyFreud famously asked: What do women want? Women, of course, want what clearing-firm clients want: to be listened to. Listening is a simple concept; yet...
April 01, 2007
Solution ProvidersToday's changing financial services industry is faced with a stunning number of new challenges. But clearing firms -- duking it out in their ever-shrinking arena...
January 01, 2007
Symbiotic RelationshipsWhen broker/dealers select a clearing firm to partner with, it pays to be choosy. This is one of the most critical relationships that any broker/dealer...
March 06, 2006
Platforms, Margins Changing for Energy DerivativesBRIARCLIFF MANOR, N.Y. (HedgeWorld.com)--Optionable Inc., a provider of energy derivatives brokerage services, announced that its OPEX trading platform has been certified to connect with the New York Mercantile Exchange's electronic trading and clearing platform, ClearPort. Optionable said that OPEX is in the final stages of development and testing. It has...
January 01, 2006
A Notch HigherFor a few years now, consolidation and regulatory scrutiny have been the buzzwords in the clearing business, but executives at clearing firms say another trend...
November 14, 2005
Refco's Lessons Learned?CHICAGO (HedgeWorld.com)--Picking through the rubble of the Refco meltdown has turned up some positives, chief among them the degree to which communication among clearing firms, exchanges and regulators on both sides of the Atlantic kept the financial chicanery involving Refco's books from destroying the firm's regulated futures commission merchant and...