International Correspondent Trading Inc, (ICTI), founded in 1994, is a broker dealer focusing on Institutional accounts. ICTI is an introducing broker and its clearing firm is National Financial Services (NFS) a wholly owned subsidiary of Fidelity Investments which is wholly owned by FMR.
ICTI executes approximately 850 trades and 2.1 million shares per day. Our Registered Representatives have institutional and retail experience and our clientele is represented by foreign banks and investment management firms, hedge funds, and high net worth individuals.
ICTI’s uniqueness is its excellent reputation on market executions, specializing in stocks, options and fixed income and its principals and personnel are dedicated to provide superior client service. ICTI’s personnel represent a cultural amalgam of different nationalities and are fluent in major European languages.
ICTI offers low commission costs on stocks, options and fixed income, and together with its proven transactional history has built solid client relationships in local and overseas markets.
Important Notice in the case of Business Disruption
ICTI maintains a business continuity plan (BCP) in accordance with regulatory requirements; the plan is reviewed annually and is updated whenever we have a material business or location change.
The BCP is designed to permit our firm to resume operations as quickly as possible given the scope and severity of a significant business disruption. Our plan is designed for the relocation of our key personnel to a different location. Our clearing firm, NFS, also maintains a Business Continuity Plan and has recovery time and resumption objectives within the same business day.
We would like to emphasize that these recovery time may be negatively impacted by events beyond our control.
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