Best Execution Documentation Made Simple Through BondNav®

See the BondNav® Platform at FPA Annual Conference and Schwab IMPACT 2018

News provided by

280 CapMarkets

Sep 26, 2018, 08:58 ET

SAN FRANCISCO, Sept. 26, 2018 /PRNewswire/ -- 280 CapMarkets® is simplifying the process for independent advisors to document best execution for bond purchases and sales with its comprehensive 280 BestEx™ report, now available for all trades executed through 280 CapMarkets' BondNav® cloud-based software platform.

The 280 BestEx report is designed to assist advisors in fulfilling their best execution responsibilities by presenting the prevailing market for an individual bond at the time of trade, including:

    • contemporaneous offers
    • trade history
    • other bonds offered from the issuer
    • other bonds offered in the series
    • documentation of the trader's process in support of best execution

"Satisfying today's regulatory requirement of best execution can be challenging and time-consuming," said Chuck Else, Principal, Osborne Partners Capital Management LLC. "BondNav simplifies this process, allowing us to maximize our business efficiency while addressing this requirement with confidence."

"BondNav is designed to provide better access, clarity and confidence to independent advisors who buy individual bonds," said Gurinder S. Ahluwalia, CEO of 280 CapMarkets. "In a market that is notoriously opaque, we're giving advisors broad access, pre-trade price clarity, and bond market context. In contrast to other trading platforms, BondNav supports an advisor's best execution requirement, and provides a gateway to our institutional trading, new issue offerings, and a full-service advisor liaison desk."

See BondNav® and 280 BestEx™ Reports at Upcoming Industry Events
280 CapMarkets will be showing BondNav and 280 BestEx reports at the following upcoming conferences:

  • Financial Planning Association's Annual Conference in Chicago, Oct. 3-5 (FinTech Showcase)
  • Charles Schwab IMPACT 2018 conference in Washington, D.C., Oct. 28-31

About 280 CapMarkets
280 CapMarkets combines cloud-based technology with the in-depth market expertise and execution services of a traditional broker-dealer to enable independent financial advisors to buy, sell, and manage bonds with greater ease, transparency, and confidence.

Our BondNav® platform enables independent advisors to level the playing field by providing access to a deep and rich selection of bonds from multiple market sources, along with the tools and information to help advisors select the bonds for their clients. Behind BondNav® is an experienced, high-touch, and full-service capital markets team that can serve as a conflict-free extension of an advisor's practice.  Our capital market's team contributes market insight, portfolio review, and pre-trade best execution support. We employ the combined efforts of our advisor liaison, institutional sales, and market-making trading desks to ensure independent advisors have an advocate on their side of the table.

Headquartered in San Francisco, with additional offices in New York, Seattle, and Los Angeles County, we enable independent RIAs and wealth managers to build stronger practices and serve their clients' fixed income needs. Securities are offered through 280 Securities LLC, a member of FINRA/SIPC. For more information visit www.280capmarkets.com and follow @280capmarkets.

Media Contact:
Dana Taormina
JConnelly
[email protected]
973-850-7305

SOURCE 280 CapMarkets