Greywolf Execution Overview
- Established as NYSE Member firm in 2008.
- Agency-only execution.
- Total customer anonymity.
- NYSE floor-sponsored algo’s provide unconflicted execution.
- All customer orders are managed by Greywolf’s broker teams.
- Greywolf does not “shop” information or orders.
- Exclusive D-Quote feature – can only be accessed through a floor broker. The D-Quote allows the client to change or cancel an order up to 3:59:50. D-Quotes are handled either as limit orders or market orders.
- High-touch system gives the client the ability to price the open or close, which is critical for volume and price-sensitive orders.
- Order parity, giving a buyer the ability to bid on parity with other bids, splitting stock between the client and the existing bid. Such parity doesn’t exist without a sponsoring broker. This allows Greywolf’s exchange-sponsored agency-only algo to perform better.
- Clients have complete access to all NYSE IPO’s or secondary offerings. Greywolf will provide price, volume and time stock will open on a timely basis.
Launched in 2008,Greywolf Execution Partners was established as an NYSE-based pure agency execution firm which provided a consultative approach to institutional execution. Today, the firm provides a high-touch (pure-agency, customer centric) execution, algorithmic solutions and direct access to all the major electronic trading platforms, including NYSE BBSS, the NYSE hand held, NYSE Amex, Bloomberg and the MIXIT Order Management system, to its customers.
These resources include scores of algorithmic trading resources and solutions, institutional option programs, eQuote Parity, and D-Quote.
Greywolf provides to its institutional clients real-time assessment to changes in market trends including subsector relative strength, volume, sentiment, seasonality, and most importantly, immediate focus to the changes in price action which could help portfolio managers and traders in making timely trading decisions. This hands-on “high-touch” type interaction helps to add alpha to the portfolio management process, allowing Greywolf to be an integral part of each and every firm’s team, while keeping a pulse on the fast-moving, ever-changing market conditions happening every day on the floor of the NYSE.
Greywolf’s customized equity execution service is an INSTITUTION-ONLY SERVICE made available exclusively to RIAs, mutual funds, hedge funds, pensions and key institutional asset managers.
Uncompromised Agency-Only Execution
At Greywolf, we are different. Commitment has that effect. We don’t cut corners; we understand the difficulties faced within these volatile financial environments. It is hard enough to make the best investment decisions; Greywolf understands this. This is why, through our multiple trading platforms, and agency execution, Greywolf consistently seeks to add value, not consternation.
Greywolf consistently delivers a proven execution advantage to its institutional clients. The “proven advantage” is the combination of its NYSE physical access, order parity, and exclusive D-Quote feature – can only be accessed through a floor broker. [The Abel Noser Floor Broker Report proved that for a 6-month period, NYSE floor brokers out-performed the VWAP by +.30 basis points.]
All Greywolf members are a seasoned and credentialed team with all the required licenses, knowledge and experience necessary that had earned the trust of our institutional customers: RIAs, mutual funds, pension funds and hedge funds.
We are a Pure-Agency Execution Firm, and that always translates into customer satisfaction.
Chris Martin has 20 years of experience in the financial services sectors, bringing together a wealth of hands-on knowledge in operations, compliance, sales, trading, and administration. Before founding Greywolf, Chris was an institutional block sales trader with Fortis Clearing Americas. Prior to joining Fortis, Chris held a series of institutional sales and trading positions with DLJ, Cantor Fitzgerald and Cowen. He also was a Principal at First Albany, as well as serving as that firm’s Co-Head of Block Trading Desk. Chris began his career on Wall Street with U.S. Trust Company as a Mutual Fund Administrator. He holds Series 7, 24, 55, and 63 licenses. He graduated from Binghamton University with a BA in Economics.
Dan Trimble, Member NYSE since 2001. Prior to Greywolf, Dan was an institutional floor broker for Fortis Clearing Americas and Citigroup. He began his Wall Street career as a specialist clerk with MJ Meehan. Dan is on the Board of Directors for Watchung Hills Pop Warner, as well as a coach. He graduated in 1989 from Saint Leo University with a BA in Business Administration.
Paul Davis joined Greywolf in February, 2009 as a Sales Trader. Prior to joining the Greywolf team, Paul was a sales trader with Fortis Clearing Americas, Bear Stearns & Co., and Brean Murray & Co. Before that, Paul was a Specialist Clerk with Spear, Leeds & Kellogg. He holds Series 7, 24, 55, 63, and 14 licenses. Paul graduated from Temple University with a BA in Political Science and is a Member of the NASP (National Association of Securities Professionals).
Kevin Kavanagh brings over 3 decades of experience and knowledge as an institutional equity trader with a proven track-record of success in both profitability and relationship management. He provides secondary research sales and sales-trading services to many buy-side and sell-side customers. As an New York Stock Exchange specialist, Kevin made market in Walmart, CitiBank, John Deere, and Caterpillar. He administrated MJ Meehan Charitable Contribution Fund, which directed funds to multiple charities, such as St. Jude’s, Children’s Hospital, New York State Special Olympics and the Wall Street Children’s Fund.
Matt Kavanagh joined Greywolf Execution Partners in September 2016 after his two internships with the firm during the off-seasons of his classes and lacrosse. Matt received a Bachelor’s degree in Communications from Notre Dame in addition to being a four-time All American for its nationally-ranked lacrosse team. Kavanagh was one of the captains of the team, anchoring the Notre Dame offense to the National Championship game in 2014 and the Final Four in 2015. In his new capacity, Kavanagh specifically focuses on new business development and sales targeting endowment officers, hedge fund and institutional asset managers throughout North America.