-->

Centaurus Financial - we invest in your success

financialbrowsers.com's Privacy Policy

We are strongly committed to protecting the privacy of every visitor to financialbrowsers.com. The following information is intended to help answer questions you may have about how we go about protecting every visitor's privacy.

financialbrowsers.com E-mail

Your name is the only required information for a FREE financialbrowsers.com E-mail address. Other information may be gathered. Legitimate requests or orders from courts or law enforcement agencies to obtain information will be complied with.

Disclosure

We do not use or disclose information about your individual visits to financialbrowsers.com or information that you may give us, such as your name, address, email address or telephone number, to any outside companies. We may share with our Web site partners aggregated statistical "ratings" information about the use of financialbrowsers.com. Legitimate requests or orders from courts or law enforcement agencies to obtain information will be complied with.

Contacting the Web Site

If you have any questions about this privacy statement, the practices of this site, or your dealings with financialbrowsers.com, use the link below to find out how to ask.

Contact Us

Home > Financial Services > Stock Brokers > Wave Securities, Llc

Wave Securities, Llc

Wave Securities, Llc is a member of NASD, the National Association of Securities Dealers. NASD is a self-regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.

Wave Securities is a leader in providing electronic trading solutions to institutional clients. They deliver direct access to United States equity markets with openness, speed and anonymity. Their sales and trade support team provide unparalleled expertise and knowledge of electronic markets.

In March 2006, Wave became wholly owned by Merrill Lynch, Pierce, Fenner and Smith Incorporated, bringing together Wave's electronic trading expertise and service with Merrill Lynch's extensive resources, global reach and complete suite of institutional products.

Wave Securities, therefore, classifies these orders as directed orders for purposes of Rule 606 under the Securities Exchange Act of 1934 and is not required to make quarterly reports on order routing pursuant to the Rule with respect thereto. Most customer orders handled by Wave Securities include specific instructions to seek an execution on the Archipelago Exchange or other specified market centers selected by the customer.

The Company does make available to customers algorithms pursuant to which Wave or a third party may make a routing decision in accordance with the algorithm. Wave has contracted with a third party to provide order routing decision technology for its algorithms.

Wave Securities gives all traders access to the same information and the same opportunities. At the same time, if a displayed order steps ahead of yours, you see it the moment it happens. It's transparent and equal-in information, in access, in ability to get the best price. Fully electronic matchmaking of diverse order types replaces the old face-to-face auctions of the trading floor. It's faster, consistent, anonymous.

Financial Services Companies all are here at FinancialBrowsers.com

Permission is granted to reproduce this article as long as the above resource paragraph is left intact with active links.

Back to Stock Brokers