Principally regulated by the SEC, CFTC, NFA and FINRA. Registered broker/dealer pursuant to rule 15 of the Securities and Exchange Act of 1934.
GFI Securities LLC is a member of the following exchanges:
|International Securities Exchange (ISE)||Chicago Mercantile Exchange (CME)|
|ICE Futures U.S. (ICE)|
GFI Securities LLC is a member of the following Associations and Professional Bodies:
|Financial Industry Regulatory Authority (FINRA)||National Futures Association (NFA)|
|Securities Industry & Financial Markets Association||Municipal Securities Rulemaking Board (MSRB)|
|Futures Industry Association (FIA)||Wholesale Markets Brokers Association Americas|
GFI Securities LLC is required by the U.S. Securities and Exchange Commission to make publicly available quarterly reports on their order routing practices. The report provides information on the routing of “non-directed orders” - any order that the customer has not specifically instructed to be routed to a particular venue for execution. For these non-directed orders, GFI Securities LLC has selected the execution venue on behalf of its customers.
The report is divided into four sections: one for securities listed on the New York Stock exchange, one for securities listed on The Nasdaq Stock Market, one for securities listed on the American Stock Exchange or regional exchanges, and one for exchange-listed options. For each section, this report identifies the venues most often selected by GFI Securities LLC, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of GFI’s relationship with the venues. View Report
Characteristics and Risks of Standardized Options
For GFI Securities LLC's customers interested in trading Standardized Options through GFI Securities LLC, please click here to review the Characteristics and Risks of Standardized Options
Futures Disclosure on Payment for Order Flow
When firms provide execution services to customers, either in conjunction with clearing services or in an execution only capacity, they may, in some circumstances, direct orders to unaffiliated market makers, other executing firms, individual floor brokers or floor brokerage groups for execution. When such unaffiliated parties are used, they may, where permitted, agree to price concessions, volume discounts or refunds, rebates or similar payments in return for receiving such business. Likewise, on occasion, in connection with exchanges that permit pre-execution discussions and “off-floor” transactions such as block trading, exchanges of physicals, swaps or options for futures or equivalent transactions, a counterparty solicited to trade opposite customers of an executing firm may make payments described above and/or pay a commission to the executing firm in connection with that transaction. This could be viewed as an apparent conflict of interest. In order to determine whether transactions executed for your account are subject to the above circumstances, please contact your executing firm account representative.