Solutions Dedicated to Providing an
UNPRECEDENTED QUALITY of Service
For almost 70 years, Wedbush has grown, innovated and expanded into a global Multi-Asset Clearing firm serving Professional Market Participants.
We are one of a limited number of firms registered as a Broker-Dealer, Futures Commission Merchant, and Swap Dealer. Our extensive clearing experience and robust set of offerings allows us to provide premier service and customized solutions tailored to the unique needs of each of our clients.
Our approximately 900 dedicated colleagues in offices throughout the country understand we are here to serve our clients. These individuals possess a desire and the ability to get things done, and they work diligently as an active partner to help ensure our clients’ needs are met. We are focused on delivering best in class service with integrity and client financial safety at the forefront of our every action.
With a solutions driven culture focused on continuity and stability, we prioritize innovation, creativity, and operational excellence to work with you to grow your firm.
UNIFIED TEAM, ELEVATED EFFICIENCY
Delivering Solutions at the Intersection of
PERFORMANCE AND STABILITY
Wedbush Securities provides global clearing and custody solutions to full-service, institutional, proprietary trading firms; underwriting firms; market makers; online broker-dealers; registered investment advisors; commodity trading advisors; commodity pool operators; introducing brokers; principal trading groups; agricultural hedgers; hedge funds; family offices; and high-net-worth individuals.
As a highly regarded clearing firm, Wedbush has grown significantly due to its strong operational controls, disciplined financial management, advanced technology and risk management solutions. We provide sophisticated, scalable and cloud-based technology that enables firms to automate their operational processes and drive growth. As a non-bank affilate broker-dealer and FCM, Wedbush is not constrained by the Basel-imposed capital requirements.
EQUITIES, OPTIONS AND FIXED INCOME
Wedbush offers global clearing, custody and settlement for equities, options and fixed income (corporate municipals, government agency, CMOs, treasuries, etc.).
- FULLY-DISCLOSED
- OMNIBUS ACCOUNTS
- ETF CREATIONS/REDEMPTIONS
- PORTFOLIO MARGIN ACCOUNTS (PMA)
- JOINT BACK OFFICE (JBO)
SECURITIES FINANCING
Wedbush’s Securities Finance team delivers an exceptional, personalized experience, standing apart from the institutionalized prime broker securities finance model.
- Superior multi product coverage, including a dedicated hard to borrow desk
- Robust fully paid lending and financing programs
- Direct communication with our desk providing market color and short rates
- Access to over 80 Securities Finance counterparts
- Electronic access to our Stock Locate Portal
- Dedicated team to manage the complex buy-in and recall process
- Our head traders have over 25 years of experience navigating the ever-changing Securities Finance landscape
FUTURES AND FUTURES OPTIONS
The Futures team has been supporting trading clients for nearly 40 years. Our operational growth is fueled by client success and a strong reputation for integrity and trust.
SERVICES
- Client trading facilities / offices
- 24-hour trade support desk
- Low latency fiber optic network
- Co-Location and server hosting in multiple locations
- Customized reporting
- Facilities management
- Network design solutions
- Straight-Through Processing
- Allocation accounts with average pricing
ACCESS
- Global exchange access, including North American, European and Asia/Pacific markets
- Direct Market Access (DMA)
- 24-hour execution solutions
- Multiple front-end execution and hosting systems
CRYPTOCURRENCY*
- Based on trading volume, one of the top clearing firms in CFTC regulated crypto futures and options
- Members of multiple exchanges
- Creative partnerships with crypto service providers in product offerings such as custodians, issuers and financers
FOREIGN EXCHANGE
Wedbush FX offers a comprehensive environment for foreign exchange trading, partnering with industry-leading firms that adhere to best practices for security, access, and risk management. We support various client platform choices, providing access to liquidity and personalized guidance to optimize currency strategies.
- NFA Regulated Registered Swaps Dealer
- Spot FX, forwards, NDF’s, vanilla options,
- & bullion products
- 24-hour support desk
- Centralized back office
- Prime of Prime (PoP) and direct market access
- Liquidity from tier 1 banks and non-bank market makers
- Deliverable facilities for corporations and hedgers
- T + 1 and same-day settlement
TREASURY CLEARING AND FINANCING
Wedbush’s Prime Treasury clearing business enables approved clients to execute in the U.S. Treasury transactions through Wedbush, with end-of-day positions financed by the Wedbush Repo Desk.
- Wedbush has trade connections to major broker-dealers for STP processing associated with trade settlement of client trades
- Wedbush provides clearing and financing for professional trading clients, broker-dealers, hedge funds, and other clients
- FICC membership offers access to the interdealer financing markets on a highly competitive basis
- Active in on the run, off the run and special issues
- Active in deliverable basis trades and relative value trades
- Able to provide term market throughout the treasury maturities
FINTECH CONNECTIVITY
Wedbush provides innovative and robust technology solutions to its clearing clients. Our comprehensive suite of cloud-based API libraries and real-time fintech solutions allow clients to seamlessly integrate our technology into their platforms in order to create a friction-less experience for their end users.
APPLICATION PROGRAMMING INTERFACES (API)
- Account Onboarding and Maintenance (Real-Time): a suite of API libraries to create new accounts, retrieve and update account profiles, upload documents, etc.
- Asset Servicing (Real-Time): a set of API libraries to view balances, positions, equity, buying power, etc. in real-time
- Account Funding: Automated money movement such as ACH and wires through the API offering
- Activity: a suite of API libraries to view trading activity, corporate actions, dividends, cash activity, margin calls, and other information
- Reporting: an API library to retrieve trade confirms, statements, tax documents, etc.
FIX INTEGRATIONS WITH ORDER MANAGEMENT SYSTEMS (REAL-TIME)
Wedbush is integrated with 20+ order management systems for post-trade execution and trade capture for equities, options and fixed income. Straight-through-processing enables clients to leverage and utilize order management solutions that are best suited for their trading strategies.
Risk Management & Client Financial Safety
Wedbush leverages advanced systems to provide clients with real-time risk management. Our in-house technology team delivers responsive, dynamic solutions for trade processes, compliance reporting, and third-party integration.
FINANCIAL SAFEGUARDS
Wedbush’s financial stability has been built through strong operational controls and retained earnings.
COMPREHENSIVE PRE-TRADE RISK CONTROLS
SEGREGATED CLIENT FUNDS
REAL-TIME RISK MONITORING
WEB-BASED RISK MONITORING TOOLS
SEAMLESS BUSINESS CONTINUITY SOLUTIONS
EXCESS SIPC
Wedbush is pleased to provide excess Securities Investor Protection Corporation (“SIPC”) coverage for each of its clients and for clients of correspondent broker-dealers carried on our books. Each account is covered up to $25,500,000* at no charge.
SIPC provides coverage up to $500,000, of which a maximum of $250,000 applies to cash credit balances.
In addition to the SIPC coverage, we have purchased from Lloyd’s of London an excess SIPC bond that provides additional coverage for up to $25,000,000 in cash and securities for each client, subject to an aggregate loss limit of $100,000,000. This bond covers cash credit balances to a maximum of $900,000 for a total of $1,150,000 in cash balances.