Velocity Clearing recently attended the FIA Expo and sat down with Gate 39 Media to discuss the multi-dimensional growth of the firm over the last few years. Steven Silver, Chief Marketing Officer for Velocity Clearing, offered insight into how the firm has grown its services and financial and human capital to become a full-service broker/ dealer with a staff of over 250 specialized personnel including affiliated entities.
A Full-Service Institutional Brokerage Firm
What started as a securities lending firm has grown its services and human capital to include over 250 expert employees to become a full-service, self-clearing institutional broker/dealer.
Order Routing; High-Touch Low-Touch Service
Velocity Clearing offers both a high-touch and a low-touch service. Having our own pipes and established relationships with third parties gets order flow where it needs to be.
Clearing in Canada
Through an affiliated entity, Velocity is several months into IIROC membership and having full clearing capabilities in the Canadian market.
Fixed Income and Futures
Velocity Clearing is finishing a Change Member Application with FINRA to offer fixed-income securities and mutual funds and is also registered as an Introducing Broker on the National Futures Association side to offer futures and options on futures.
A Solution-Oriented Firm
One of the biggest differentiators between Velocity and other firms is their passion for solving problems for their clients.
Velocity has spent great resources and time bringing in the right people at a senior level and middle level and also training people at entry-level positions to support our clients.
No information provided by Velocity Clearing, LLC (“Velocity” or the “Firm”), directly or indirectly, should be considered a recommendation or solicitation to adopt any particular trading or investment strategy, or to invest in, or liquidate, a particular security or type of security. Information provided by Velocity on its Twitter, Facebook or Blog pages is for informational and educational purposes only and is not intended as a recommendation of any particular security, transaction or strategy. Commentary and opinions expressed are those of the author/speaker and not necessarily those of the Firm. Velocity does not guarantee the accuracy of, or endorse, the statements of any third party, including guest speakers or authors of commentary or news articles. All information regarding the likelihood of potential future investment outcomes are hypothetical. Future results are never guaranteed. Any examples that discuss potential trading profits or losses may not take into account trading commissions or fees, which mean that potential profits could be lower and potential losses could be greater than illustrated in any example.