Assent Correspondent Clearing
Assent Correspondent Clearing utilizes its technology to process U.S. cash equities and options, clearing several million trades a day. We are committed to providing personalized service, transparency, price efficiencies and dedicated account management to our broker-dealer customers, whose focus is institutional, proprietary and professional trading.
Brokerage products and services offered by Assent are provided by Assent LLC, member FINRA/SiPC
Features
- Provides clearing capabilities on Reg NMS protected venues and additional market centers including dark pools, ECNs and ATSs
- Provides access to trade records, facilitates matching against incoming allocations and monitors trading in a real-time environment
- Integrates with a firm’s existing trading technology
- Provides access to our stock loan operations department that uses automated locate requests
- Offers a purchase and sales (P&S) environment supported by advanced automation
- Supports real-time connectivity to SunGard applications including Brass OMS, Brass Liquidity Services and Protegent’s Customer Onboard
Benefits
- Provides certified interfaces to Omgeo ALERT Direct and OASYS Direct services
- Helps reduce the potential risk of market exposure from errors associated with reliance on verbal communication and manual processing
- Increases efficiencies by reducing the need to duplicate entries across multiple systems
- Protects the anonymity of your customers and trading strategies by being a neutral provider
- Serves the institutional agency, professional trading, ECN/Exchange/ATS, wholesale, proprietary and market making broker-dealer communities
Related Products & Services
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Assent
A group of services providing customizable trading systems, execution management tools and clearing services for professional traders, institutional investors, and other brokerage firms and clients.