SogoTrade and Genesis
SogoTrade is a division of Genesis Securities, LLC. Genesis was established around 1999. Primarily, Genesis provides trade execution services and direct market access to high volume traders, large domestic and international hedge funds, and other stock market professionals. What this means is that Genesis executes orders for the elite segment of the trading population.
Genesis's business results in processing very large amounts of trades. In January 2006 alone, Genesis executed1.5 Billion shares , or 2-3% of NASDAQand 1-2% of NYSEmonthly trading volume. Genesis's advanced trading platform is the only one rated Platinum by NASDAQ as of 01/2006.
Because of all this, Genesis's costs are low when it comes to trading. More trades mean less cost per trade. Genesis also performs many brokerage related procedures internally, thereby saving on operational costs.
That is what allowed us to launch SogoTrade.The idea behind SogoTrade is to give the average person the pricing that only the professional traders get. But why not just charge the same as everyone, and make more money? Instead, our philosophy is to pass the savings on to our customers, and to build a relationship with you over the long term.
|