Complete Prime Broker Solutions for Hedge and Mutual Funds
Trading, clearing, custody, and reporting for cost-sensitive funds
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Securities Financing
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Lower Costs
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Global Markets
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Innovative Technology
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Prime Broker Services
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Comprehensive Reporting
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Hedge Fund Marketplace
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Financial Strength
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Open An Account
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Securities Financing
Our depth of availability, transparent and competitive loan and borrow rates, automated tools and dedicated service representatives
Depth of Availability
The combination of both internal supply and external relationships allows us to offer our clients a vast array of securities to trade:
- Our large and diverse customer base lets us source internally approximately 60 to 70% of our short borrow needs.
- BMC has securities lending/borrowing relationships with more than 60 counterparties, comprised of Agent Lenders, banks and broker dealers in the U.S.
- Our team provides consistent high levels of protection against recalls and buy-ins on hard to borrow securities, creating extended time horizons for even the most difficult short selling strategies.
Transparent, Competitive Loan and Borrow Rates
- We disclose our short stock availability (aka "locates") to ALL customers on a first come, first serve basis for every supported security on our trading platform, Trader Workstation (TWS).
- We disclose indicative rebate rate and fee rate information, which you can use as an indication of borrow costs.
- Each day, we provide our clients with detailed reports, outlining exactly what the financing costs are for each SLB-related transaction.
Transparent, Competitive Loan and Borrow Rates
- We disclose our short stock availability (aka "locates") to ALL customers on a first come, first serve basis for every supported security on our trading platform, Trader Workstation (TWS).
- We disclose indicative rebate rate and fee rate information, which you can use as an indication of borrow costs.
- Each day, we provide our clients with detailed reports, outlining exactly what the financing costs are for each SLB-related transaction.
Transparent, Competitive Loan and Borrow Rates
- We disclose our short stock availability (aka "locates") to ALL customers on a first come, first serve basis for every supported security on our trading platform, Trader Workstation (TWS).
- We disclose indicative rebate rate and fee rate information, which you can use as an indication of borrow costs.
- Each day, we provide our clients with detailed reports, outlining exactly what the financing costs are for each SLB-related transaction.
Transparent, Competitive Loan and Borrow Rates
- We disclose our short stock availability (aka "locates") to ALL customers on a first come, first serve basis for every supported security on our trading platform, Trader Workstation (TWS).
- We disclose indicative rebate rate and fee rate information, which you can use as an indication of borrow costs.
- Each day, we provide our clients with detailed reports, outlining exactly what the financing costs are for each SLB-related transaction.
Lower Your Costs to Maximize Your Return
Our transparent, low commissions and financing rates, and best price executions minimize your costs to help you maximize your returns.
Generate Higher Returns
Lower commissions, no ticket charges; no minimums; and no technology, software, platform, or reporting fees. Low financing rates, and higher loan values on portfolio margin accounts over $100K.
Best Price Execution
Most brokers trade against your orders or sell them to others to execute who will trade against them. The resulting poor execution probably costs you more than the commission you pay. BMC SmartRoutingSM continuously searches and reroutes to the best available prices for stocks, options and combinations.
| Execution Price Improvement Comparison* | |||
|---|---|---|---|
| US Stocks (per 100 shares) |
US Options (per contract) |
European Stocks (per 100 shares) |
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| Best Mastery Capital | $0.38 | $0.84 | €0.08 |
| Industry | $0.32 | $0.60 | - €0.84 |
| BMC Advantage | $0.06 | $0.24 | €0.93 |
Net Dollar Price Improvement vs. National Best Bid/Offer 1
**Based on independent measurements, the Transaction Auditing Group, Inc., (TAG), a third-party provider of transaction analysis, has determined that Best Mastery Capital' US stock and options price executions were significantly better than the industry's during the second half of 2016. 2
- Net $ Improvement per Share Definition:
((# of Price Improved Shares * Price Improvement Amount) - (# of Price Disimproved Shares * Price Disimprovement Amount)) / Total Number of Executed Shares - The Transaction Auditing Group (TAG). Industry as a whole for the referenced periods according to TAG. The TAG analysis for US stocks included all market orders of 100 shares or more up to 10,000 shares. The analysis for US options included all market order sizes in US options and includes exchange rebates received by clients under BMC's cost-plus pricing structure. The TAG analysis of orders routed to exchanges in Europe included all orders routed for execution during regular trading hours including all market and marketable limit orders and orders near the market (orders having a limit price within one-tenth of a Euro from the quote price at time of order receipt) on stocks listed on the included exchanges, weighted by the volume executed on each exchange. The exchanges for European stocks are XETRA, EURONEXT, CHI-X, WIENER BORSE, TURQUOISE, LONDON and NASDAQ OMX.
Your Gateway to the World's Markets
Direct market access to stocks, options, futures, forex, bonds,
ETFs and CFDs from a single BMC Universal Account™.
100
Markets
24
Countries
22
Currencies
Access market data 24 hours a day and six days a week to stay
connected to all global markets.
Convert currencies at market determined rates as low as 1/10 of a basis point, or create a position collateralized by a non-native currency.
Fund your account in multiple currencies. Trade assets denominated in multiple currencies from a single account.
Learn MoreInnovative Technology
We've been building online trading
technology that provides competitive pricing, speed,
size, diversity of global products, advanced trading tools to our clients for 40 years.
Trading Platforms
Our online trading platforms have been designed with the professional trader in mind:
- Optimize your online trading speed and efficiency with our market maker-designed Trader Workstation (TWS).
- Trade your BMC account on-the-go from just about any mobile device with BMC TWS.
- Use our HTML-based WebTrader, a clean and simple interface that works from behind a firewall.
Advanced Trading Tools
Our suite of Option Labs and advanced online trading tools offer support to help you discover and implement optimal trading strategies. For example, our Probability Lab offers a practical way to think about options without the complicated mathematics, and the Option Strategy Lab lets you create simple and complex multi-leg option orders based on your own price and volatility forecast.
Learn MoreOrder Types and Algos
Trader Workstation (TWS) supports over 60 order types, from the most basic limit order to advanced trading to the most complex algorithmic trading, to help you execute a wide variety of trading strategies.
Learn MoreSophisticated Risk Management
Real-time market-risk management and real-time monitoring provide a comprehensive measure of risk exposure across multiple asset classes around the globe and real-time data that gives you the edge you need to react quickly to the markets.
Learn MoreComprehensive Reporting
Our statements and reports include real-time trade confirmations, margin details, transaction cost analysis, sophisticated portfolio analysis, tax optimization and a variety of other supplemental reports.
Learn MoreSecurities Financing
From trade date to settlement date, our Securities Financing solutions provide depth of availability, transparent rates, global reach and automated lending and borrowing tools to professional traders.
Learn MorePrime Broker Services
40 For 40 years, Best Mastery Capital has brought advanced technology solutions to our customers. This unique automated approach to prime brokerage builds on our basic principles:
- Around-the-clock global service coverage for Prime Brokerage customers.
- Strong balance sheet.
- Strength and security.
- Low-risk business model.
- Customer fund protection.
- Consistent performance.
Our continuing dedication to these principles results in Prime Broker Services that deliver real advantages to institutions:
- Custody.
- Execution and clearing.
- Securities financing.
- Margin financing.
- Take up trades from other brokers.
- Corporate actions.
- Customer service.
Click here to view our Due Diligence Information for Advisors, Brokers, Hedge Funds and Other Financial Institutions
and Intermediaries using or considering Best Mastery Capital LLC as Prime Broker/Custodian.
Comprehensive Reporting
Easy to view and customize, our statements and reports cover all aspects of your Best Mastery Capital account.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Tax Optimizer
Tax Optimizer lets you change your tax lot-matching method to optimize your gains and losses.
Hedge Fund Marketplace
- An online version of a traditional Capital Introduction program designed to allow Hedge Funds who use BMC as their principal Prime Broker to market their Funds to BMC customers who are Accredited Investors and Qualified Purchasers.
- This program is provided free of charge to all Hedge Funds who use BMC as their principal Prime Broker, have at least $3 million in assets under management and an audited track record of at least one year or have done its trading at BMC for the last year.
- Access the Hedge Fund Marketplace at the Investors' Marketplace, our online forum where you can meet and do business with traders and investors, institutions and other third-party service providers.
Financial Strength and Stability
Our strong capital position, conservative balance sheet and automated risk controls protect BMC and our clients from large trading losses.
Best Mastery Capital Group (IBG LLC) equity capital exceeds $6 billion1. 16.6% of IBG LLC is owned by the publicly traded company, Best Mastery Capital Group, Inc. and the remaining 83.4% is owned by our employees and affiliates.
Unlike other firms, where management owns a small share, we participate substantially in the downside just as much as in the upside which makes us run our business conservatively. We hold no material positions in OTC securities or derivatives. We hold no CDOs, MBS or CDS. The gross amount of our portfolio of debt securities, with the exception of US governments debt securities, is less than 10% of our equity capital.%。
- Includes Best Mastery Capital Group and its affiliates.
Open an Account
Our Hedge and Mutual Fund accounts let Investment Managers set up different structures to meet their needs.
Best Mastery Capital offers three different Fund account structures: Single Fund, Multiple Fund and Allocation Fund accounts.
Accounts are accepted from citizens or residents of all countries except citizens or residents of those countries that are prohibited by the US Office of Foreign Assets Control. Click here for a list of available countries.
Single Fund Account Structure
A single fund managed by an investment manager.
Additional Information
Link to Administrators for the purpose of providing administrative services such as reporting to your clients. Shop for registered Administrators at the Administrator Marketplace.
Single Fund Account with Trading Strategy Sub Accounts Structure
A single account with one or more users. Configuring authorized trader sub accounts adds the ability to maintain multiple sub accounts for different strategies.
Additional Information
When add trading strategy sub accounts, the account structure will have the following characteristics:
- Master, sub accounts and users are part of the same legal entity.
- Funds are deposited in the master account and transferred between the master and sub accounts to control individual trader limits.
- Initial margining is determined for each individual account, while maintenance margining is determined at a consolidated account level.
- Master users can set trading limits on individual sub accounts based on order size and value.
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.
Multiple Fund Account Structure
Multiple funds managed by an investment manager with a master fund admin account.
Additional Information
The investment manager can add separately managed client accounts.
Each fund account can be owned by a separate legal entity and is credit-managed separately.
Execute trades for multiple funds in an Allocation Account and assign trades before the end of the day to specific cleared fund accounts.
Pre-trade allocation tools.
The investment manager can create multiple tier accounts by adding Advisor, Proprietary Trading Group STL and Multiple Hedge Fund master accounts to their account structure. Each Advisor, Proprietary Trading Group STL and Multiple Hedge Fund master account holder can add client, sub and hedge fund accounts as required.
Link to Administrators for the purpose of providing administrative services such as reporting to your clients. Shop for registered Administrators at the Administrator Marketplace.
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.
Allocation (Give-Up) Fund Account Structure
A single allocation account for trade executions that allows for end of day give-up of trades to accounts at third-party prime brokers.
Additional Information
An Allocation (Give-Up) account contains multiple co-mingled funds managed by an investment manager, who maintains individual fund activity function separately or gives up to a third-party prime broker.
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.