• Advantage*Clearing:  Sharply reduce your ticket charges and generate substantial sources of additional revenue, through a direct clearing relationship  with an established, quality firm -- negotiated on your behalf by BD Advantage .   Ideally suited to retail firms doing stock, bond, option and mutual-fund trading, you receive state-of-the-art "Windows"-based technology and totally electronic reporting, confirmations and trading capabilities.
  
  
  
  

• On-Line Trading:  Compete and beat the E-Trade's, Ameritrade's and Merrill Lynch's of the world, by offering clients your own On-Line ("Internet") Trading facility -- without  incurring high start-up and equipment costs.  [ NOTE:  If you already have and offer On-Line Trading, you can reduce your transaction costs and boost your monthly revenue still further by utilizing our proprietary "BD Advantage On-Line" software.]

Advertising

Post your specialty products or services on the BD Advantage "Market Place Forum". Learn about "dealer-to-dealer" opportunities posted by other members or search for new ideas yourself.

• Advantage*Discounts:  BD Advantage members represent an electronic "buying block" capable of bidding-on and obtaining substantial discounts for the key products and services which broker-dealers need most in order to effectively run their firms -- such things as quote costs, legal advice, compliance assistance, E&O coverage, back-office software, etc. A sampling of current deals includes:
  
  

  • Financial Advisors Legal Association (FALegal.com) provides "stop-gap" coverage for one of the major costs of arbitrations and complaints -- legal fees and advice.   At incredibly reasonable cost, members gain access to highly-experienced attorneys having securities-only backgrounds, and receive assistance in dealing with compliance, arbitration, litigation, complaints and regulatory problems.   Even if you already have legal counsel, FA Legal is an adjunct service that can reduce your annual costs in this increasingly-expensive area.
    
    

  • Investmentcare.com is a unique Internet firm comprised of former securities examiners, compliance officers and seasoned securities-industry professionals who provide a one-stop Web source for all broker/dealer consulting , education and protection needs.   If you have puzzling or tough questions on regulatory matters, forms and documents you'd like reviewed with a "regulator's eye", assistance with supervisory or compliance issues,  etc.  -- This is your resource.  And again, their pricing is incredibly attractive.

   

  • Floor Brokerage:   We’ve got great news for Block Traders and Money Managers -- BDA has just negotiated a fantastic rate for trade executions with one the largest NYSE Floor Brokers.  We’ve negotiated an equally impressive rate for options trades too.
    
    Whether you’re now being charged 2 cents, 1 ½  cents, or even 1 cent per share,  our new deep-discount arrangement will save you money and improve your executions!  And you can either use our Advantage*Clearing arrangement, or keep your current clearing-firm relationship – it doesn’t matter.

Execution Services

With the current technology explosion going on in the Securities Industry, and executions being as important as ever, we have the solution to your problems. Using the newest technology along with our exclusive contacts, we can bring this service right to your fingertips. With BDAdvantage you can:

• Route your orders to multiple destinations----on ONE platform using Go-Traders connectivity to route to the best pool of liquidity no matter if it's trading on an exchange or ECN for split second executions.
   
• Satisfy NASD "best execution" requirements (Rule 11ac1-5). This rule was instituted for market centers that trade National Market System securities will be required to make available to the public monthly electronic reports that include uniform statistical measures of execution quality.
   
• Enhance broker and client perception of your firm. You will be able to show your clients the quality executions you must receive under the rule which can be a great selling tool for your brokers.
   
• Get all of this FREE, through your exclusive membership in BDA
   
• Qualified Orders may generate additional revenue to your firm. Depending on size of order and consistency, you may qualify for a rebate on your order flow.

Forums & Polls