NEW YORK, April 8, 2019 /PRNewswire-PRWeb/ -- Incorporated on April 8th, 1994, by CEO Gregory Hold and later joined by his brother Steven, the Hold Brothers companies ("Hold Brothers") were born in Rego Park NYC and Hoboken, New Jersey, as a small trading group. Within a year, CEO, Gregory Hold, had led the firm to become a broker dealer, with the world's first day trading news caller department founded under his direction. By 1999, Hold Brothers had developed and was offering to traders its very own proprietary trading and risk management suite of software, called Graybox™, which optimizes trades to fit any given traders' needs and which still services traders today. Graybox™ is used worldwide today and celebrates its 20th anniversary.
In 2000 and 2001, the firm was awarded #152 and #150, respectively, on The Inc. 500's list of Fastest Growing Private Companies. During the next decade, the market for American day trading began to move overseas, and as a response, CEO, Gregory Hold turned his focus on expanding the business internationally, opening offices in India and China, growing, at one point, to have more than 2000 traders worldwide.
Hold Brothers has been a self-clearing DTCC member since 2002 and is able to self-clear customer business- a high and rare status; it's being awarded the "keys to the kingdom" - a position of responsibility and trust in the financial world.
Currently, Hold Brothers is headquartered in Midtown Manhattan. Lately, trading volume of all Hold Brothers entities and affiliates often exceeds one billion shares monthly, a number which represents roughly around 0.8% of the entire US equities market. These figures are no small feat in a financial world with increasingly competitive markets, in which standards for cutting edge optimization only continue to get higher and higher. Hold Brothers knows this and expects to maintain and improve upon the momentum of 25 years-worth of success and hard work.
So, what does the future hold for Hold Brothers, you ask? With traders around the world and staff in New York and India, Hold Brothers is poised for growth. The firm plans to devote focused attention to hiring for a multitude of positions across all levels. CEO Gregory Hold says "We couldn't have hit the quarter century mark without our incredible staff and traders, several of whom have been with me for 20 years or longer. When the world has unleashed its worst on my business, from the 9/11 bombing of our new World Trade Center headquarters, to competitive attacks, securities industry regulators, who, at times, have been unjust to us and small business, and market collapses, my team always answered the call and hit hard."
*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer) and its affiliates. Its securities activities and transactions are handled through Hold Brothers Capital LLC. http://hold.com/
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