Wedbush Securities Announces Clearing Relationship with Triad Securities Corp.
LOS ANGELES, March 30, 2016 (GLOBE NEWSWIRE) — Wedbush Securities is pleased to announce that it will now provide Correspondent Clearing Services for Triad Securities Corp (“Triad”). Triad has been providing Prime Brokerage services to hedge funds and professional traders across all asset sizes for over 20 years. Working with Triad will enhance Wedbush Securities’ reach, as it continues to grow its capabilities and strengthen the focus on its clients.
Wedbush Securities provides specialized execution, clearing, and custody solutions to full service and independent broker dealers, underwriting firms, market makers, and proprietary trading broker dealers. As a leading provider of clearing services for more than 35 years, the firm’s strong financial position and broad capabilities make it a secure, trustworthy partner for its diverse client base. Wedbush Securities is a highly regarded clearing firm that has grown significantly due to its strong operational controls, disciplined financial management, advanced technology, and risk management solutions.
Rob Paset, Senior Vice President, Wedbush Securities, Correspondent Services, states, “We are pleased to expand our Correspondent Prime Brokerage offering with Triad Securities and look forward to a mutually beneficial relationship. Our broad capabilities, stability, consistency, and client-focus provide unparalleled value, as we remain committed to delivering the best clearing services designed to fit each client’s specific needs.”
“We are very excited to be working with Wedbush Securities. The relationship with Wedbush should benefit everyone involved, especially customers who will now have access to products and services not previously offered, as well as the assurance of Wedbush’s financial safety and continuity,” adds Brandi Gatlin, Director, Prime Brokerage Sales, at Triad Securities Corp.
About Triad Securities Corp
Triad Securities Corp. has been an introducing broker offering prime brokerage services for over 20 years and is currently celebrating its 40th year in business as a brokerage firm. Triad provides comprehensive prime broker services to accounts across all asset sizes and specializes in the smaller hedge funds and trading groups which may be 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.
About Wedbush Securities
Since our founding in 1955, Wedbush has been a leader in the financial industry providing our clients with a wide range of services, including retail and institutional sales, clearing services, equity research, corporate and municipal finance, equity market making, fixed income trading, and wealth management. Headquartered in Los Angeles, with over 100 registered offices, the firm focuses on dedicated service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Asset Management, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage LLC.
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