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

  • 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.