BIDS Trading Signs Sponsor Agreement With Melvin & Company (October 2008)
BIDS Trading, the alternative trading system (ATS) designed to increase competition and liquidity in the U.S. equity block trading market, and Melvin & Company...More…
Claymore Solar ETF (TAN), based on Melvin Solar Index, has strong launch (April 2008)
Melvin & Company would like to alert our clients to the launch yesterday of the Claymore MAC Global Solar Energy ETF, the world's first solar ETF (ticker symbol TAN)...More…
Melvin Sustainability conference at ESPN Zone in Chicago a great success (August 2007)
On August 20th, Melvin & Company sponsored a very successful evening conference on "Corporate Sustainability and the... More…
Melvin launches MInT international trading platform (March 2007)
Melvin & Company launched its revolutionary international trading platform for institutional investors... More…
Equity Sales and Trading
Domestic Trading
The domestic equity trading desk operates with the latest technologies, including FIX connectivity of Mixit, Triton and Bloomberg, plus straight-through processing (STP) via OASYS. Our traders use Transaction Cost Analysis, various algorithms, and their years of experience to minimize market impact and obtain best-price execution for our clients. Clients receive frequent updates from our traders with the latest trade flow and news developments in stocks of interest. We also provide clients with end-of-day reports measuring market impact.
International Trading (MInT)
In 2006 Melvin & Company recognized the need to offer our clients a high quality, international trading platform. In the fourth quarter of 2006, we initiated Melvin International Trading (“MInT”). We believe that our ability to take international trade orders in ways that work best for our clients is what differentiates MinT from other platforms.
Our first trading platform was a technological breakthrough that was widely accepted by asset managers as a fast, reliable and an inexpensive way to trade non-US stocks. MInT gave investment managers direct market access into overseas markets.
MInT also allows our clients to send orders via FIX connectivity. Traders appreciate the safety of FIX connectivity combined with the ability to add special trading instructions to the orders.
MInT leverages state-of-the-art, back office technology to verify trade numbers and to open accounts quickly and seamlessly.
Please email us at MInT@MelvinCo.com for further information.
Introducing Broker
Melvin & Company maintains an extensive list of quality introducing broker relationships, which provides our clients with the flexibility to execute trades in virtually any market with their preferred clearing houses. Please call us at 312-341-0050 for a complete list of our correspondent clearing brokers.
Minority Trading Status
Melvin & Company is an approved minority business enterprise (“MBE”) that is utilized by socially responsible investors as well as public funds at the state, county and municipal level throughout the country. Our trading expertise has established Melvin & Company as the top MBE institutional brokerage firm in the country.
Transition Management
Client fundings, rebalancing and asset allocation decisions can cause major changes to a portfolio’s composition. These types of transactions mandate detailed project planning, innovative risk management, and controlled trading strategies in order to maximize fund performance, protect principal, and minimize implementation costs. Melvin & Company realizes these challenges and applies intelligent risk management tools and procedures to reduce opportunity costs and control portfolio risk in an effort to maximize portfolio transition strategies. Services are available for client portfolios comprising domestic and global equities as well as U.S. fixed income instruments.
Commission Recapture
Melvin & Company’s commission recapture programs allow plan sponsors and investment fund managers to control expenses and improve performance. Ultimately, these efficiencies can be passed along to shareholders via the offset of legitimate expenses such as custodial, transfer agency, and consultancy fees. Commission recapture services are available for client portfolios comprising of domestic and/or global equities.