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Global Trading |
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Ridge
Clearing has established a reputation for providing fast,
accurate, cost-effective executions for both retail and
institutional orders. Ridge Clearing
benefits from a vertically integrated system of order flow, and
passes those efficiencies on to our clients. Our partnership
extends to major affiliations on the NYSE and OTC markets.
It gives Ridge Clearing added strength in
ensuring the best pricing and most efficient floor brokerage
processing of listed equities. We make markets in over 350 blue
chip companies.
Through our DNS system, all orders are captured and routed to
the appropriate points of execution. The DNS system is composed
of a message switching subsystem and an order match subsystem,
with automated interfaces to DOT, BRASS and other outside
systems. Ridge Clearing allows for full electronic handling of orders and
executions with minimal manual intervention.
Ridge's Trading Department is divided into five sections:
- Correspondent Desk - This desk handles any trade
orders from correspondents who have experienced a temporary
system interruption and cannot enter orders directly. This
desk also takes orders from correspondents who do not have
their own electronic access and then reports the trade
information back to the correspondent.
- Network Desk - Handles any P&S Department
discrepancies, as well as correspondent issues pertaining to
order executions. This desk also sends out notices on stock
splits and dividend adjustments, and documents "as
of" trades.
- Institutional Desk - Consists of professionals who
provide execution services for large block orders for
institutional clients, as well as high- net-worth
individuals for all Ridge Clearing correspondents.
- Fixed Income Desk - Handles trade orders for
municipal, corporate, and government bonds. This desk also
coordinates new issue offerings for our correspondents.
- Options Desk - Provides special handling of large
(over 50 contracts) or unusual option orders and directs all
spread orders to the proper exchange. This desk also directs
orders of multiple listed options to the desired exchange at
the request of the customer. It handles all option-related
trade and clearance problems.
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For more information |
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| Contact: |
Dr. Ying Cui |
| Address: |
330 West 38th Street, Suite 238, New York, NY 10018 |
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Phone: |
212-343-8888, 888-933-6688 |
| Fax: |
212-966-0648 | |
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