
BROCKHOUSE COOPER MAKES TOP FIVE RANKING OF GLOBAL TRADERS
MONTREAL, Nov. 11 /PRNewswire/ - In an analysis of global trading costs from approximately 200 brokers worldwide, Elkins McSherry has pegged Brockhouse & Cooper Inc. at # 2 in U.S. trading and # 3 in global trading. Against arrival price, the firm's performance was 24.45 basis points better than the average results for brokers trading U.S. equities, and 27.23 basis points better than the average results for brokers trading global equities.
"We're very pleased with our rankings as we are constantly searching for ways to deliver better value to our clients," said Jamie Ritchie, Director, Capital Markets Trading, noting that the company has ranked in the top 10 for the last two years. "We attribute our performance to our continued focus on minimizing implicit and explicit transaction costs for our customers. In using our services, investment managers can demonstrate at all times that they are allocating their client's commission dollars wisely".
The results of Elkins McSherry's 14th annual survey of global trading costs are published in the November issue of Institutional Investor . The firm also ranked in the top 10 among global traders on volume weighted average price (VWAP).
Brockhouse & Cooper Inc. has provided institutional clients with global, agency-only brokerage for over 40 years. The trading team operates a centralized, 24-hour trading desk with trading volumes in excess of CDN$50 billion annually. The trading team also supports the firm's award-winning transition management service.
"To be once again highly ranked among the elite trading firms in the world is a major accomplishment for us," said Eric Bolduc, Director, Transition Management. "Delivering best-execution in transition management is a key part of managing our client's implicit costs. Our ability to leverage these strong trading capabilities should continue to translate into very good results for our clients."
Headquartered in Montreal, Brockhouse & Cooper Inc. is a premium boutique firm offering integrated financial services, including investment consulting and management, transition management and securities trading. Brockhouse Cooper is a wholly-owned subsidiary of Pavilion Investment House Ltd., a global financial services firm with offices in key centres around the globe including Canada, the UK and Israel.
SOURCE Brockhouse & Cooper Inc.
Share this article