Correspondent Clearing

Vision Financial Markets provides execution and clearing services to small and medium sized broker/dealers. We work with existing firms as well as start-ups and broker/dealers based in the United States as well as firms around the world.  Our focus is in the U.S. markets.

Services include:

  • Fully-disclosed relationships
  • Omnibus relationships
  • Options error clearing relationships
  • Equity and option “flip” transactions
  • Ability to provide execution and clearing or just execution, depending upon a correspondents needs.

Vision maintains memberships with the Depository Trust Clearing Corporation (“DTCC”) and the Options Clearing Corporation (“OCC”). DTCC and OCC, as clearinghouses, attempt to promote stability in the financial marketplace by implementing effective risk management policies. This strengthens the integrity of the financial markets cleared, with the hope of protecting the interests of its clearing members, and ultimately their customers.

Vision Financial Markets holds memberships with many prestigious organizations and the list continues to grow. All of our memberships are shown below.

Stock Exchange Memberships

  • BATS BZY Exchange
  • BATS BYX Exchange
  • EDGA Exchange
  • EDGX Exchange

Options Exchange Memberships

  • Chicago Board Options Exchange (“CBOE”)
  • International Securities Exchange (“ISE”)
  • ISE Gemini
  • NASDAQ PHLX
  • NYSE Arca Options

Securities Clearing House

  • Depository Trust Clearing Corporation (“DTCC”)

Options Clearing House

  • The Options Clearing Corporation (“OCC”)

Regulatory

  • Financial Industry Regulatory Authority (“FINRA”)
  • Securities and Exchange Commission (“SEC”)
  • Municipal Securities Rulemaking Board (“MSRB”)

Other

  • Securities Investor Protection Corporation (“SIPC”)