For portfolio managers and traders, finding liquidity on demand, in size, at an advantageous price, directly affects performance. Whether in large, small or mid cap stocks, JonesTrading is able to execute tough trades. Through our network of over 80 sales traders in North America, we source liquidity from over 1,000 institutions and hedge funds, and are able to execute blocks that clients demand, but which might not otherwise be available. And we provide market color, in real-time, on every order, in every stock.
Consistent with our consultative approach, our traders tailor liquidity creation and execution strategy to each client and each order. Based upon 2007 data, the average order size was 275,000 shares with an average execution size of 49,000 shares. 38% of these shares were crossed upstairs.
JonesTrading's liquidity network is augmented through market-leading electronic platforms, where we access both displayed and non-displayed venues, employ multiple algorithms, and provide DMA. Beyond our internal network we have relationships in place with ITG, Credit Suisse, Bank of America, EdgeTrade, INET and Archipelago.
JonesTrading provides soft dollar services and has execution, clearing, and give-up relationships with other brokerages.
We would like to have a further conversation. Please contact Mr. Steve Tullar at 1.800.747.9551.