CHICAGO, June 14th, 2016 — Gar Wood Securities, LLC was acknowledged once again as one of the nation’s top equity brokers by earning top 10 spots in most of the categories by Pension and Investments Tradewatch Report for March 31, 2016.
The P&I survey is a ranking of the top 50 U.S. brokers measured by the difference in cost/savings against the Elkins/McSherry Arrival Price universe, which is the industry standard in measuring market impact.
Gar Wood Securities Rankings:
Trades by Order Size
Medium orders (10,000 to 50,000 shares) 8th
Small orders (10,000 or less) 8th
Trades by Market Capitalization
Trades by Liquidity
0%-20% of the daily average volume 9th
20% – 50% of the daily average volume 7th
50% or more of the daily average volume 9th
The Tradewatch Report is published by Pension & Investments, and based on transaction costs conducted by New York-based Elkins/McSherry, a subsidiary of Boston’s State Street Corp.
About Gar Wood Securities, LLC
Gar Wood Securities, LLC is a registered U.S. broker-dealer and member of FINRA, SIPC and NFA, which trades solely on an agency basis, and provides their clients access to all major global markets covering equities, options, futures, fixed income, mutual funds and alternative investments in hedged funds and CTA’s.
The firm is known for its derivative execution and prime brokerage businesses, and has been recognized in several industry surveys as a Top rated broker in client services from the hedge fund community. Their clients include money managers, active traders and family offices. Additionally, Gar Wood supports a network of independent, registered representatives that use the firm’s infrastructure and compliance oversight to help them service and manage their brokerage businesses.
Formed in 2004, the firm is headquartered in Chicago with branch offices in Austin, Dallas, Humacao, Puerto Rico, Westport, Boston, and San Diego.
Additional information on Gar Wood Securities, LLC is available at www.garwoodsecurities.net
SVP, Sales Manager
Melissa M. López