Triad Securities Announces Clearing Agreement With Wedbush Securities Inc.
New York, NY (PRWEB) February 05, 2016 -- On Feb. 5, 2016, Triad Securities is pleased to announce that it has recently entered into a clearing agreement with Wedbush Securities Inc.
In 2016, the company is excited to further expand its multi-prime services with the addition of Wedbush Securities. Triad has been offering prime brokerage services for more than 20 years and is currently celebrating its 40th year in business as a brokerage firm.
Triad believes that having a choice of multiple custodians benefits clients by providing greater flexibility, access to a broad variety of outstanding products and services, and the option to spread assets across several clearing firms -- all while receiving consolidated reporting and personalized support through Triad. Customers may also receive greater access to securities lending programs and other services such as portfolio margining.
Triad’s sophisticated reporting and consolidation platform seamlessly integrates key information into one easy-to-use system.
“In the wake of Basel III, concerns about counterparty risk continue to rise and hedge funds are finding it more difficult to custody their assets in an environment of increased rules and regulation. Triad understands and addresses those concerns by providing a choice of multiple custodians,” says Scott Daspin, Triad’s Director, Prime Brokerage Sales.
About Triad Securities
Triad provides comprehensive prime broker services to accounts across all asset sizes. The firm specializes in the smaller hedge funds and trading groups that are often overlooked by larger prime brokers. Triad is also a leader in IPO information and has dedicated specialists, software tools, and reports covering new and secondary stock issues in domestic and international financial markets. Available to clients are Triad’s full service execution desk and electronic execution platforms, offering clients direct access to algorithms, brokers, and exchanges. Triad can also arrange office space for select trading groups and hedge funds.
To learn more about their state-of-the art technology and competitive transaction charges, visit http://www.triadsecurities.com.
Scott Daspin, Triad Securities, http://www.triadsecurities.com/, +1 (212) 349-2889, [email protected]
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