MAGNA Securities Corporation was incorporated
in September of 1992 by Patricia Winans-Korem, Chief Executive Officer,
to service institutional investors with the most important
cardinal rule of business in mind: putting the needs of the
customers first.
Headquartered in Midtown Manhattan, MAGNA
Securities Corp. owns and operates a full service institutional
trading desk, offering customers a wide range of efficient
execution possibilities, anonymity and confidentiality.
A culture of excellence is woven deeply
in the fabric of our business. We feel that knowing the ropes
well enough to execute trades simply is not good enough. We
also understand that trading requires in-depth knowledge of
a security's behavior, the ability to make good judgment calls,
and a total understanding of the market place. Our traders
recognize that getting the best possible price makes the difference
between portfolio gains and losses, and they are devoted exclusively
to getting the best possible execution on each and every trade.
We are often asked how we are able to distinguish
ourselves in such a competitive industry. We have two very
simple answers. We are able to quantify our "value-added"
by comparing our execution price to the real-time volume weighted
average price (Real-Time VWAP) and we place a premium on the
things that matter most to our customers. We do not compete
with our customers, we do not trade for our own account, and
we do not make markets. Because we act solely as agents for
the exclusive benefit of our clients, our traders avoid potential
conflicts of interest.
The firm's moderate size enables us to respond
quickly to client needs. Although each client has an assigned
registered representative, our traders work as a team to support
each client of the firm. The depth of talent in our experienced
team is reflected in each trader's professional conduct. The
range of our diversified client list, which includes public
and corporate pension funds, foundations, investment advisors,
hedge funds, Canadian broker-dealers and universal banks,
is a testament to our trading skills. |