Auerbach Grayson Selects Exclusive Broker Partner to Expand Trading and Market Coverage in India.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Auerbach Grayson & Company, Inc., a New York-based brokerage firm that specializes in providing global trade execution and exclusive research to U.S. institutional investors, announced today that it has partnered with India Infoline Ltd (IIFL), a leading full-service brokerage and investment bank, to offer US investors premium access to investing in India's capital markets. Through its exclusive partnership with IIFL, Auerbach Grayson will offer its U.S. institutional clients on-the-ground research and trade execution across a wide range of leading sectors and companies driving India's booming economy. The partnership also allows IIFL to build its international business by servicing Auerbach Grayson's clients, more than 400 of the largest U.S. institutional investors. Auerbach Grayson provides U.S. institutions access to 119 equities markets through exclusive partnerships with local brokers similar to the one that it has with IIFL. Founded in 1995 as an Equity Research and Consulting firm, IIFL quickly became known as an innovator in trading and research technology. With its recent expansion into a full-service institutional brokerage, IIFL has built a leading institutional research team to offer coverage of India's fasted growing sectors and best-valued stocks, and carved out an equities block trading desk to enable clients to have access to the most liquidity and execute their trades at the best prices. "Our relationship with Auerbach Grayson will enable IIFL to continue growing its premier global brokerage business by building relationships with some of the largest institutional investors in the world by offering them greater local market color and better trade execution in India's capital markets," said Vasudev Jagannath, President of IIFC IIFC India Infrastructure Finance Company IIFC Islamic International Foundation of Cooperation (Qom, Iran) . "That value proposition is becoming increasingly important as India's markets are attracting more of the world's savviest investors." "U.S. institutional investors continue to search deeper into the world's financial markets looking to find value investments before their competitors. That is the service Auerbach Grayson has provided its clients for nearly 15 years," said David Grayson, Managing Director and co-founder of Auerbach Grayson. "Our partnership with IIFL will allow us to give our clients richer market color and better trade execution in India's markets, a region that is increasingly flush with investors seeking high returns on their global investments." About Auerbach Grayson (www.agco.com) Founded in 1993 in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Auerbach Grayson offers a full range of global in-depth research, trade execution and settlement services in equities, derivatives and fixed-income instruments to U.S. institutional clients through its network of local broking partners in 119 countries. The firm also provides and implements hedging and arbitrage strategies. Auerbach Grayson is a member of the Financial Industry Regulatory Authority Not to be confused with NASD. In the United States, the Financial Industry Regulatory Authority (FINRA) is a new self-regulatory organization (SRO) under the Securities Exchange Act of 1934, successor to the National Association of Securities Dealers, Inc. (NASD). (FINRA FINRA Financial Industry Regulatory Authority (formerly Securities Industry Regulatory Authority) ) and the Securities investor Protection Corporation Securities Investor Protection Corporation (SIPC) A nonprofit corporation that insures customers' securities and cash held by member brokerage firms against the failure of those firms. (SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. ). About IIFL (www.iiflcap.com) India Infoline Ltd is a premier institutional equities house with activities spanning investment banking, equity research and private equity. IIFL is a part of the US$2.3bn India Infoline group, which has 595 branches in 345 cities. Headquartered in the financial hub of Mumbai, we have overseas offices in Singapore and Dubai. With a team of 30 research analysts, IIFL provides in-depth analysis of India with plans to extend its presence to other Asia Pacific markets. India Infoline Ltd is listed on both the leading stock exchanges in India--the Stock Exchange, Mumbai Stock Exchange, Mumbai (BSE) Formerly the Bombay stock exchange, the BSE accounts for more than one-third of Indian trading volume. (BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). ) and the National Stock Exchange (NSE NSE - Network Software Environment: a proprietary CASE framework from Sun Microsystems. ). |
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