Cheevers Corner

Clearing Solutions
Cheevers and Company - Clearing Solutions

Cheevers and Company - Clearing SolutionsCheevers & Company retains a full service clearing relationship for domestic equities through Merrill Lynch’s Broadcort Division. This arrangement allows for Cheevers  & Company to meet the full spectrum of our clients’ needs. Not only is it our desire to achieve best execution for our customers; we also ensure that our executions flow correctly through the entire clearance cycle until the full settlement process is complete.

Below is a sampling of clearing relationships we currently maintain.

US Equities

  • Bank of America Merrill Lynch, Broadcort Division
  • Omgeo OASYS (Acronym: CHEEVSCO)
  • Provide “Direct Give-Up” process on the Chicago Stock Exchange, resulting in seamless Regional Interface Output (RIO) clearing

International Equities

  • Oasys Global
  • Tradeware GlobalXTM