NEW YORK, Feb. 25, 2016 /PRNewswire/ -- Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce that it has won the 2016 Markets Choice Award in the category of "Best Agency Broker." The 2016 Markets Choice Awards, hosted by Markets Media, recognize excellence across exchanges, sell-side desks, institutional buy-side investors, hedge funds and technology providers. Winners were selected through a digital voting process at marketsmedia.com, interviews with senior market participants and consultation with Markets Media's Advisory Board.
"Convergex is honored to be named "Best Agency Broker" as we were chosen by our clients, industry peers and market participants," said Eric W. Noll, Convergex President and CEO. "This award further confirms Convergex's strategic initiatives as we remain focused on product and technological innovation," said Noll.
Convergex (www.convergex.com) is an agency-focused global brokerage and trading related services provider. With clients' interests as the top priority, Convergex delivers comprehensive solutions that include its award-winning ETF Direct platform, global high-touch and electronic trading, options technologies, prime brokerage, clearing, commission management and beyond. Headquartered in New York with a presence in several other locations including Atlanta, Boston, Chicago, Orlando, San Francisco and London, the company serves nearly 3,000 clients accessing over 100 global market centers.
Convergex is an agency-focused global brokerage and trading related services provider. In the U.S., Convergex offers products and services through Convergex Execution Solutions LLC (member NYSE/FINRA/NFA/SIPC), of which Convergex Prime Services is a division; Westminster Research Associates LLC (member FINRA/SIPC); and Convergex Solutions LLC, of which Connex, Jaywalk and LDB are divisions. In London, Convergex operates through Convergex Limited, which is incorporated in England and Wales (registered with company number 06262150). Convergex Limited is authorized and regulated by the Financial Conduct Authority (FCA) of the United Kingdom. Westminster Research Associates LLC provides services in Australia pursuant to an exemption from the requirement to hold an Australian financial services license under the Corporations Act 2001 (ASIC Class Order [CO 03/1100]). Westminster is regulated in the United States by the U.S. Securities and Exchange Commission, which laws differ from those of Australia.
Convergex provides brokerage services primarily on an agency basis, but may operate in a riskless principal and/or net trading capacity, and in connection with certain ETF or ADR transactions, may act as principal or engage in hedging strategies. Convergex does not engage in market making or investment banking activities, other than as a selling group member.
The material, data and information (collectively "Convergex Information") that is available from Convergex is intended for institutional investor use only; is for informational purposes only; is subject to change at any time; is not intended to provide tax, legal or investment advice; and does not constitute a solicitation or offer to purchase or sell securities. Convergex Information is believed to be reliable, but Convergex does not warrant its completeness or accuracy and Convergex assumes no duty to update such information. Clients should read their account agreement(s) and documentation with Convergex carefully as those documents contain important information and disclosures about the products or services covered thereby. Convergex is not responsible for third-party information or services, including market data from the exchanges. (Rev. 12/2015)