CHICAGO, Jan. 11, 2016 — In the latest survey Gar Wood Securities, LLC were once again acknowledged as one of the nation’s top equity brokers by earning a top 10 spot in all of the categories by Pension and Investments Tradewatch Report for November 30, 2015.
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:
Global Broker – All Trading 8th
Trades by Order Size
Large orders (50,000 or more shares) 8th
Medium orders (10,000 to 50,000 shares) 9th
Small orders (10,000 shares or less) 5th
Trades by Market Capitalization
Giant- cap 9th
Trades by Liquidity
0%-20% of the daily average volume 7th
20% – 50% of the daily average volume 5th
50% or more of the daily average volume 10th
“Gar Wood Securities is an agency only broker-dealer and the results from this survey continues to demonstrate that we put our client’s interest first,” said Bob Jersey, President & CEO of Gar Wood Securities.
“I am extremely pleased with the consistent performance that we achieve in arrival price across all markets. We take trade execution very seriously, and have formed strong order routing relationships to ensure our clients receive best execution,” said Craig Gantar, SVP and Sales Manager at Gar Wood.
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 hedge funds and CTA’s.
The firm is known for its derivative trade 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 Dallas, Humacao, Puerto Rico, Miami and San Diego.
Originally published at PRNewswire.