Anonymity, Liquidity & Market Pricing
RW Smith is in the business of protecting your trading strategy by providing you with complete anonymity on every trade. We are the sole counter-party on all transactions. This anonymity allows our clients to maintain the integrity of their trading strategies and the privacy of their proprietary positions.
Broker's brokers play a very important role in the workings of the secondary municipal market. Few markets for new issues of securities can function efficiently or well without the support of a secondary market where securities can be traded after they are first sold in the primary market. In addition to supporting the primary market, a thriving secondary market also serves investors by providing them with an array of securities to suit their investment needs, as well as providing an environment to buy and sell their securities quickly when necessary. Broker's brokers provide price accuracy, anonymity, extended distribution, information flow and liquidity to the secondary bond market.
Moreover, as broker's brokers do not inventory securities they are never in competition with their dealer and dealer bank customers. Rather, the role of a broker's broker is to act as an objective extension of the dealer's or dealer bank's trading desk. Lacking the pressure of maintaining the profitability of their own retail or institutional accounts, their mission is elemental: provide superior market execution with competitive market pricing, information flow and customer service to help clients achieve success within the marketplace.
RW Smith’s national network of regional specialists provides secondary market access and liquidity for any security, at any time. One call will access the vast RW Smith distribution network for you and your clients – make that call!
“Change is a constant dynamic of the financial marketplace. The Broker’s
Broker firm that can help its clients navigate through the currents of change in
the secondary markets will have made change an ally, instead of an obstacle.”
Denien L. Rasmussen
Chief Operating Officer