Agency Trading
Our agency trading desk combines the talents of experienced traders with the latest technologies to provide high-quality execution and low transaction costs for institutional investors.
As a private independent firm, we offer real advantages in agency trading. Our size, for one, allows us to handle both large and smaller orders with a high degree of attention and service. Clients have direct access to the traders working their orders for instant feedback and control. Our trading desk works, effectively, as an extension of yours.
Moreover, our independence allows full flexibility in executions. We have no proprietary systems or constraints on how or where we trade. We act only as agents, not competitors, and our traders are free to find liquidity in all trading venues. Their sole interest is yours: the best execution and value with each order.
Quality Execution
Anonymity
To meet specific and growing needs for anonymous trading, we utilize a wide range of electronic networks to protect information about the size and source of client orders. As a true private institutional broker, Boenning & Scattergood effectively maintains high execution standards while minimizing market impact.
Technology
Advanced trading technologies give us tactical advantages, speed and efficiency in executions. Along with ECNs, we use the latest Order Management Systems (OMS) to provide FIX-compliant execution and allocation services. These systems allow us to supply fast, accurate reports, position updates and averages at any time in the order handling process, and provide seamless execution start to finish.
Our systems run on a secure network with redundancy at our headquarters.
Trade Cost Management
Decimalization has led to tighter spreads, higher volatility and greater challenges in liquidity. Minimizing market impact and benchmark risk can minimize transaction cost and add to investment performance.
Using ECNs and other technologies allows us to execute orders with exceptional efficiency and cost-effectiveness. In many instances, institutional clients can gain some or all of the spread instead of paying it out. With every execution, we employ the most efficient means to move the necessary volume and deliver value in the process.