banner_tradinggroup_default

StockCross Trading Group

We use cutting edge technology to make markets in multiple exchanges and in over 3,000 different securities and fixed income products.

 

Equities Market Making (STXG)

Contact Information:

T. 800-993-2009

D. 201-356-6660

F.  201-200-1246

Fixed Income Trading (STOS)

Contact Information:

T. 877-993-1552

D. 201-356-6550

F. 201-200-1246

Order Types Offered

Limit Orders

The system automatically executes or displays any held limit order up to 10,000 shares or $200,000 that are priced equal to or better than our quote or that will add to the size of the current quote unless the client requests that we do not display.

Premarket & Postmarket Orders

STXG accepts electronic and manual client orders for execution in the premarket or post market session.

On Close Orders

STXG’s system executes market on close (MOC) and limit on close (LOC) orders entered prior to 3:50 PM eastern at the Primary Exchange or NASDAQ closing price.

Stop Orders

STXG accepts stop orders in all stocks in which we make a market. Stop orders are not eligible for STXG auto execution.
 
 

Order Handling

Limit Order Handling

STXG’s system provides limit order protection in compliance with the SEC Limit Order Display Rule that market makers reflect their clients’ order in their quote.  The system automatically executes or displays any held limit order up to 10,000 shares or $200,000 that are priced equal to or better than our quote or that will add to the size of the current quote unless the client requests that we do not display. 

SEC Order Handling Rules

STXG’s system is programmed to maintain continual and ongoing compliance with all SEC Order Handling and Regulation NMS Rules automatically. A full suite of compliance reports are regularly reviewed by a compliance representative.

Trading Halts

When trading on the primary listing market is halted; STXG will not execute any client orders during the halt. The periods just before and after a trading halt may be considered as abnormal market conditions. Orders executed during this period are subject to review and may be cancelled or adjusted to reflect market conditions. Marketable orders received during a halt will be priced based on the re-opening market on the primary listing exchange.

Short Sale Discovery

In accordance with current industry regulations, STXG requires that all short sale orders received from non-member broker/dealers be accompanied by an indication that a stock locate has been performed and  that the security is available for delivery by settlement date, or confirmed that the security can be borrowed for delivery by the settlement date.

Execution Quality Monitoring

STXG maintains a regular and rigorous review of order handling and execution. This department has access to numerous tools and reports designed specifically to review compliance with industry regulations and overall best practices on a daily and monthly basis.  Historical execution quality statistics can be provided upon request.
 
 
 
Newsletter Sign Up

Employee Stock Plans 800.388.3965       StockCross Financial 800.225.6196             Customer Support

TRUSTe

Brokerage Products and Services offered by StockCross Financial Services, Inc. - Member FINRA and SIPC.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The prospectus and, if available, the summary prospectus contain this and other information about the investment company.  To obtain a prospectus contact StockCross at 800.225.6196. Read the prospectus carefully before investing.

Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the StockCross Options Application and Agreement, Customer Agreement, and by downloading the Characteristics and Risks of Standardized Options, and 2012 Supplements from The Options Clearing Corporation, or by requesting a copy from StockCross free of charge. 

Margin trading involves interest charges and risks, including the potential to lose more than deposited or the need to deposit additional collateral in a falling market. The Margin Disclosure Statement and Agreement (PDF) is available for download, or by requesting a copy from StockCross free of charge. 

Testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.

Copyright StockCross Financial Services, Inc. 2016.