MONTREAL, Nov. 15, 2011 /CNW Telbec/ - Trading costs at Brockhouse &
Cooper Inc. (Brockhouse Cooper), an agency-only, 24-hour, global equity
brokerage firm, are substantially lower than other brokers, according
to the latest Transaction Costs Analysis survey conducted by
Elkins/McSherry for Institutional Investor.
Looking at more than 24 million trades by 1,900 brokerages,
Elkins/McSherry found that, against arrival price, Brockhouse Cooper's
performance was 33.1 basis points better than the average results for
brokers trading global equities. This performance ranked Brockhouse
Cooper No. 2 among brokers trading global equities.
"In an increasing automated industry, we've focused on keeping
implementation costs low, without compromising service," said Jamie Ritchie, Director,
Capital Markets Trading. "We're pleased our efforts have been
recognized and will continue this focus while at the same time offering
our traders' skills and expertise to our clients."
Brockhouse Cooper ranked 13th among brokers trading U.S. equities, against arrival price.
According to Mario Choueiri , Director of Brockhouse Cooper's transition
management team, best-execution trading is key to delivering value to
clients who are transitioning their portfolios. "With this repeated
and impressive ranking on transaction costs, we can be confident that
our transition clients are getting very good results."
The latest Transaction Costs Analysis survey is published in the
November issue of Institutional Investor.
Headquartered in Montreal, Brockhouse Cooper is a premium boutique firm
offering integrated financial services, including investment
consulting, transition management and securities trading. It is a
wholly-owned subsidiary of Pavilion Financial Corporation, a global
financial services firm offering innovative products and solutions to
institutional and high-net-worth investors in select geographical
markets. Member CIPF and Member SIPC.
For further information:
Vice-President, Marketing & Communication
Office: 514 227 7710 Mobile: 514-458-9050