|Cheevers & Company Maintains Favorable Comparison to Elite Peer Group in 2nd Quarter Execution Analysis|
Cheevers & Company, Inc., an agency-only brokerage providing execution services for a diverse range of institutional clients and asset managers in both domestic and international equities, today released its quarterly trade execution quality summary. Quantitative Services Group (QSG), a leading provider of independent global equity research and advanced trading metrics, captured the data.
QSG compared Cheevers & Company’s execution quality to the performance of other, typically larger and more recognizable agency brokers, buy-side institutions, and bulge bracket firms to create the sample. The analysis, comprised of approximately 32 billion shares bought or sold, permits comparison of executions of comparable orders and filtering for similar capitalization, liquidity, momentum and volatility characteristics." target="_blank" href="http://www.businesswire.com/news/home/20110718006202/en/Cheevers-Company-Maintains-Favorable-Comparison-Elite-Peer">