Professional Services
Institutional brokerage and mini-prime services for asset managers, active traders, and registered investment advisers and their clients.
Select the description which best describes you or your business.
Mini-Prime Services for Asset Managers
We understand every institution, hedge fund and portfolio manager has unique requirements that not every vendor can support.
That's why TradingBlock offers an extensive range of solutions that be tailored around your objectives including multiple clearing and custody solutions, mini-prime services, and customized technology, execution and reporting options (learn more below).
Building your solution starts with an introductory call with TradingBlock Professional Services.
TradingBlock offers cutting-edge trading technologies and connectivity solutions. Professionals utilize our client-based platforms to create and deploy unique complex option orders or rely on our proprietary technology to identify spread strategies with defined risk.
- Multiple DMA front-end solutions including Sterling, CBOE Silexx, CBOE Hanweck, and SS&C EZE (formerly RealTick)
- Web-based complex order entry platforms with access to multiple order books
- Single-ticket entry of up to four-leg custom option strategies
- FIX connectivity to multiple clearing destinations with drop copy integration for immediate visibility and risk control
Professionals utilize us for ultra-low latency automated and direct execution via multiple-front ends and API connections across multiple execution venues. By working with TradingBlock, clients gain an extra layer of flexibility.
- API-certified electronic access to all major option and equity exchanges
- Algorithmic and DMA execution including sweep, spray and smart routing
- Multiple executing broker relationships provide a wide spectrum of available strategies
- Floor brokerage access for large volume trade execution and order handling
Custom reporting, fee management and P&L allocation interface gives asset managers and traders daily fee and brokerage reports to simplify account administration. We also provide additional services designed to help you maximize your buying power and investment capital.
Custom Execution Solutions for Active Traders
TradingBlock provides active traders professional-grade trading technology, execution, reporting and trade support services they need to manage their strategy.
TradingBlock offers cutting-edge trading technologies and connectivity solutions. Professionals utilize our client-based platforms to create and deploy unique complex option orders or rely on our proprietary technology to identify spread strategies with defined risk.
- Multiple DMA front-end solutions including Sterling, CBOE Silexx, CBOE Hanweck, and SS&C EZE (formerly RealTick)
- Web-based complex order entry platforms with access to multiple order books
- Single-ticket entry of up to four-leg custom option strategies
- FIX connectivity to multiple clearing destinations with drop copy integration for immediate visibility and risk control
Professionals utilize us for ultra-low latency automated and direct execution via multiple-front ends and API connections across multiple execution venues. By working with TradingBlock, clients gain an extra layer of flexibility.
- API-certified electronic access to all major option and equity exchanges
- Algorithmic and DMA execution including sweep, spray and smart routing
- Multiple executing broker relationships provide a wide spectrum of available strategies
- Floor brokerage access for large volume trade execution and order handling
Custom reporting, fee management and P&L allocation interface gives asset managers and traders daily fee and brokerage reports to simplify account administration. We also provide additional services designed to help you maximize your buying power and investment capital.
Dedicated Technology and Support for RIAs (and your clients)
TradingBlock is dedicated to supporting Registered Investment Advisers — especially the unique needs of RIAs that trade options on behalf of their clients. Since our web-based RIA platform utilizes the same technology that powers our TradingBlock retail solution, your business can experience many distinct benefits:
- Leverage the same web-based technology that powers our TradingBlock retail brokerage to power your business.
- No software downloads required
- Group Trading with the ability to customize groups and enter aggregate price trades with just a few mouse clicks.
- Ability to enter complex orders including trailing stops, multi-leg combinations, and a variety of customizable orders.
- Flexibility to invest in nearly any asset class—including complex options strategies, in IRAs.
- Knowledgeable and responsible back-office support.
- No monthly access charges or hidden charges.
Whether you are placing a simple or advanced order, servicing a self-directed account or entering a block trade across multiple accounts, it doesn’t matter. Our easy-to-use online platform, allows you to do it all:
- New account opening and processing
- Simple Order Entry
- Advanced Order Entry including trailing stops and contingency orders
- Online cashiering (ACH, wires and checks)
- Complex option strategies including multi-leg combinations for both qualified and non-qualified accounts
- Group Trade
- Account Administration
- Reporting Tools
- Asset or position review across multiple accounts
- Risk management tools
- Real Time Data
Efficient, accurate client data management and reporting is critical to growing your advisory business. Through our partnership with Apex Clearing, TradingBlock offers numerous API and start-of-day (SOD) integrations with leading portfolio management systems and data aggregation vendors so you can spend more time building client relationships.
TradingBlock is not affiliated with any of the third-party companies mentioned herein, and does not endorse or warrant their content, services or products. Trademarks used with permission.
Vendor
Platform Type
Integration Type
Focus on growing your business, and we’ll help you with technology and support services so you can run your business in an efficient, compliant, and cost-effective manner.
Products
We don’t push proprietary products. You choose what products best meet your clients’ needs: stocks, bonds, mutual funds, and options — from single leg to complex spreads.
Features
Get features designed with you in mind. Our most popular tools and features were the direct result of feedback from registered investment advisers.
Security
TradingBlock customer accounts cleared and carried by Apex Clearing Corporation are covered by the Securities Investor Protection Corporation (SIPC), which is a vailable to meet customer claims of its members up to $500,000 in cash andsecurities (including $250,000 cash maximum). In addition, Apex holds Excess SIPC Insurance of $150 million in the aggregate, $37.5 million for anyone customer's securities, and $900,000 per customer in respect to cash.
Note: SIPC and Excess SIPC provide coverage against loss of securities and cash, not against market depreciation, fluctuation in market value of your securities or a trading loss.
You need a lot more than just a great web portal to effectively service your clients. We pride ourselves on staying connected and accessible, whether through our highly experienced trade desk and back office, or our dedicated relationship management team.
Transition Support
We’re committed to making your transition a smooth and seamless one.
Order Execution
Whether it’s a stock, mutual fund, bond, ETF, or a multi-leg option order we know how to get the trade done.
Relationship Management
Keeping clients informed, educated, and up to date makes managing your client relationship that much easier.
Experienced Trade Desk and Back Office Support
We’ve applied our 50+ years experience in floor and electronic trading and back-office support to create a first-rate customer experience.
Open API for FinTech Developers
TradingBlock offers an Open API suite for FinTech developers seeking to integrate an outsourced brokerage solution into their proprietary front-end application.
API features include
- New account opening and account management
- Trading and order management
- Positions and position history
- Cash management
- Account balances
- Account documents (statements, confirms, tax)
TradingBlock's integration team provides on-going development support to API partners to assist with initial integration, troubleshooting and new feature deployment.
Ready to learn more?
Tell us about your needs and to schedule an introductory call with a TradingBlock Professional sales representative.
Professional Service FAQs
We provide mini-prime, portfolio margin and customized execution solutions.
TradingBlock facilitates each manager’s unique technology, trading, reporting and back-office needs.
- Multiple clearing and custody options available
- Tailored solutions encompassing trading technology, ultra-low latency execution, portfolio and risk-reporting systems.
- Multiple execution venues providing liquidity, flexible routing and connectivity.
- Portfolio margin, securities lending, financing, and soft-dollar programs.
- Custom reporting, fee management and P&L allocation tools.
- Experienced, responsive trade desk specializing in complex strategy execution and margin allocation.
- Concierge administrative support backed by one-on-one back-office services.
Make risk-based margin work for you
Portfolio Margin is a portfolio and risk-based margin methodology that applies margin requirements to an account based on the greatest projected net loss of all positions in a given ‘security class’ or ‘product group’.
Unlike “Regulation T margin” (or “Reg T”, the margin methodology which applies to most retail brokerage accounts and which applies margin treatment onposition-by-position basis), Portfolio Margin accounts for correlations that may exist between similar types of indices and ETFs. Portfolio Margin also considers how conservative a portfolio may be; thus, a more conservative portfolio may have lower margin treatment than a portfolio carrying more risk.
The goal of Portfolio Margin is to set margin levels that more precisely reflect actual net risk by considering the entirety of an account’s current positions. As a result, Portfolio Margin may provide traders greater leverage (or more efficient use of trading capital), since margin requirements are calculated based on net risk and may be lower than standard Reg T margin requirements. Additionally, under Portfolio Margin, initial and maintenance margin requirements are the same.
TradingBlock offers Portfolio Margin to qualified clients. Contact us at proservices@tradingblock.com for more information.
Select the smart routing algos that fit your strategy.
TradingBlock offers multiple smart route algos through several execution venues offering price improvement.
Equity Smart Routes
- Smart Routing: Various smart routes via multiple executing brokers. Price Improvement: Yes
- TB Smart Penny: Smart equity route that allows full pricing and security type flexibility. Price Improvement: No
Option Smart Routes
- Smart Routing: Various smart routes via multiple executing brokers. Price Improvement: Yes
- TB Smart Dark: Custom smart route that seeks liquidity without displaying to the market. Price Improvement: No
- TB Smart: Custom smart order routing sends orders to preferred exchange. Supports Day and GTC orders. Price Improvement: No
- TB Swipe: Sweeps the market and posts residual to most liquid exchange. Price Improvement: No
- TB Stealth: Sweeps the market and posts residual without displaying to the market. Price Improvement: No
- TB Liquidity: Custom smart route that accesses vast range of liquidity and allows sub-increment trading. Price Improvement: No
- TB Smart Sweep: Custom sweep route designed to maximize liquidity while minimizing exchange fees. Price Improvement: No
- TB PIP: Custom smart route designed to seek out and maximize price improvement. Price Improvement: Yes