Clearing Firm Arrangements
Through our prime brokerage division and strategic partnerships, we provide consolidated clearance and settlement of securities trades, custody, financing, and portfolio reporting services. With Gar Wood Securities, you have the option of working with a variety of top-caliber clearing firms.
With over $9.93 billion in equity capital, Interactive Brokers Group, Inc. has become one of the premier securities firms over the last 43 years. The company operates its broker/dealer business in more than 135 markets around the globe. With its broker dealer agency business, IBKR offers institutional and professional traders direct access (“on line”) trade execution and clearing services for a variety of electronically traded products, including stocks, options, futures, fixed income, funds, and other products. Interactive Brokers Group and its affiliates execute over 2,170,000 trades per day. Based in Greenwich, Connecticut, Interactive Brokers employs more than 2,400 staff at offices in the USA, Switzerland, Canada, Hong Kong, the UK, Australia, Hungary, Japan, India, China, Luxembourg, Singapore, Ireland, and Estonia. IBKR is regulated by the SEC, FINRA, NYSE, FCA and other regulatory agencies around the world. Gar Wood offers a range of products and services using Interactive Brokers as a clearing firm, including Equities, Futures, Bonds, Prime Broker and Portfolio Margin.
As a clearing firm and custodian, Axos Clearing serves introducing brokers-dealers and registered investment advisors. As a clearing and custody provider for more than 18 years, Axos clearing empowers its correspondents to grow their businesses. Offering technology options and partnering with top industry providers enables them to help their clients navigate changes and deploy the latest advancements in the financial services space. The team’s experience enables them to provide businesses with tailored support that builds relationships. It was announced in 2019 that Axos Clearing is now a subsidiary of Axos Financial, a NYSE-listed company with over $1 billion in assets. Gar Wood offers a range of products and services using Axos as a clearing firm, including Equities, Bonds, Prime Broker and Portfolio Margin.
Vision Financial Markets
Vision Financial Markets LLC (“Vision”) is a self-clearing broker-dealer registered with the Securities and Exchange Commission. With its correspondent services, Vision serves direct securities traders, investment advisors, and other brokers/dealers. Clearing services are provided in equity, options, and fixed income. Vision’s commitment to active trading customers includes delivering cutting-edge solutions. As a result, they offer our customers the option to select an order entry and analytical trading platform provided by a variety of independent software vendors. It includes the ability to write to various Application Programming Interfaces so that the suite of products can meet the needs of professional or retail traders.