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Commission Sharing Arrangements

It’s a Changing Landscape. Are you prepared?

ConvergEx is your proven, global partner.  As your advocate, we help to navigate today’s evolving market structure. We provide in-depth industry knowledge across a broad spectrum of topics - from recent industry developments in commission management practices — both in the United States and in the United Kingdom to cutting-edge commission management technologies that streamline and manage your workflow. 

Our premier, patented CSA model is a key component of ConvergEx’s leading-edge commission management solutions. We help investment managers maximize effectiveness by separating the cost of research and execution. Our model is designed to help you focus on your trading and seek best execution with firms who provide meaningful order flow, while still receiving the research you want. Through our CSA model, you can reduce the number of counterparties with whom you trade and centralize the management of your research obligations.

An Ultra-Efficient, Centralized Model.

Optimal Control — With ConvergEx, you evaluate your research brokers on a cash basis, which means you have complete control over whom you do business with. The model also offers research usage anonymity so your sell-side execution counterparties will likely never know where your payments are going, how much you’re paying and the reasons for your decisions.

A Flexible Account — Our proprietary, patented CSA model offers a centralized account for your commission dollars where you can earn credits either by trading through ConvergEx or by using our extensive WRA network of brokers. Clients can use credits to pay for eligible investment research from virtually any source, which means you can reduce the number of your trading partners without reducing the number of analysts you rely on. 

Ease of Payment — Investment managers may apply different payment methodologies to a variety of non-core brokerage research partners, consolidating research payments with unconflicted, agency execution when you execute with ConvergEx. And reporting is on-demand, through our online, real-time InterComm® web portal.

To learn more about our Commission Sharing Arrangements, please call 212-448-6050.