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The clearing firm that your brokerage firm utilizes is an important consideration in choosing the firm with whom you do business. The clearing firm is responsible for many back office tasks such as securing stock for short sales, account transfers, wire requests, check requests as well as other non-transaction related events. As well, it is important to ensure that your assets rest with an institution that can provide reasonable assurances against fraud or insolvency.
Trade Manage Capital, Inc. clears its trades through Pershing LLC.
Pershing is one of the largest clearing firms in the world and provides Trade Manage Capital, Inc. with a high level, often unlimited, of insurance for every account. Pershing provides
what we believe is the industry's highest quality clearing services and strengthens our back-office support. |