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Assent Llc




Assent Llc is a member of NASD the National Association of Security Dealer. 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.
 
 It was established in 1993 by traders. They are one of the largest trading firms in the country with over 30 branch offices. It is a self clearing firm that utilizes the latest technology to provide its traders with a paperless, user friendly environment. Due to their large customer base, they are able to pass savings on to their traders with low ticket and execution charges. Whether you are an individual trader, a manager of a mutual fund or hedge fund manager they understand that commissions affect your bottom line.
 
The Company is available for examination at their principal office in Hoboken, New Jersey and at the regional or district office of the Securities and Exchange Commission.
 
The Company is not subject to federal or state income taxes. The members of the Company are individually liable for the taxes on their share of the Company’s income. The Company is subject to local unincorporated business taxes in the jurisdictions in which it operates.
 
The Company’s customer financing and securities lending activities require the Company to pledge customer securities as collateral for various financing sources such as bank loans and securities lending. The Company’s customer securities transactions are transacted on either cash or margin basis. In margin transactions, the Company extends credit to customers, subject to various narrow and internal margin requirements, collateralized by cash and securities in the customer’s accounts.

Their Hammer Trade platform is designed for optimal trading. Developed to complement a robust back end system that delivers some of the fastest and competent trading technology available anywhere, the Hammer Tradedesktop offers a high degree of flexibility in creating a completely customizable user interface to accommodate traders of all styles and experience levels. They understand that every hundredth of a point counts, that’s why they provide such a comprehensive trading platform to their customers.

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