Gar Wood Securities has hired two seasoned industry veterans, Patrick Seguin and Samuel Adams, who joined Gar Wood on their expanding derivatives execution business.
Seguin and Adams each have over 25 years of experience as brokers on the CBOE floor and on off-floor agency trading desks.
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Seguin and Adams were previously partners at IMM Execution Services, a CBOE broker-dealer that focused on agency option execution business that withdrew as a broker-dealer earlier this month and transferred its business to Gar Wood.
Bob Jersey, president & CEO of Gar Wood Securities, said: "Their experience, knowledge and relationships are a perfect fit for our independent contractor business model. Gar Wood is fully committed to providing its independent brokers with cost-effective solutions that will allow them to efficiently grow and manage their businesses, and service their clients with the best-of-breed in trading tools and service."
Gar Wood Securities is a boutique institutional broker-dealer that is known for its derivative execution and prime brokerage businesses. The firm supports a network of independent contractors that trade solely on an agency basis and who have access to all major global markets covering equities, cash options, option futures and futures.
Formed in 2004, the firm is headquartered in Chicago, with branch offices in Atlanta, Dallas and Mobile.
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