This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

DirectMarkets’ Clients Gain Access To BIDS ATS

Direct Markets, Inc., a subsidiary of Rodman & Renshaw Capital Group, Inc. (NASDAQ: RODM) and the owner and operator of the DirectMarkets platform, an automated state-of-the-art electronic transaction platform that will directly link existing public companies and investors seeking to transact primary offerings of securities, and BIDS Trading, L.P., the operator of the BIDS ATS (alternative trading system) designed to increase competition and liquidity in the U.S. equity block trading market, announced the signing of a subscriber agreement by DirectMarkets’ broker-dealer affiliate, Rodman & Renshaw, LLC, that allows DirectMarkets to provide its customers with direct and anonymous access to the block liquidity in the BIDS ATS. Securities transaction services on the DirectMarkets platform will be provided through DirectMarkets’ broker-dealer affiliate, Rodman & Renshaw, LLC.

“We are pleased that our broker-dealer affiliate, Rodman & Renshaw, LLC, has become a sponsoring broker with BIDS Trading, which will give DirectMarkets’ clients access to an additional source of reliable liquidity in the markets,” said Kevin Lupowitz, CEO of DirectMarkets. “This value-added service, combined with the robust transaction platform that we developed, demonstrates our continued commitment to best servicing our clients’ needs.”

With its many features, the DirectMarkets platform will empower issuers to sell shares (covered by a shelf registration) directly into the secondary market and to complete funding transactions at a fraction of the current cost. Using the same platform, investors will be able to directly contact issuers with effective shelf registrations in place to buy that issuer’s stock, effectively gaining the ability to accumulate stock positions in a more cost-effective manner than through ongoing open market purchases. Both investors and issuers will benefit from 24/7 seamless access to the DirectMarkets platform through a graphical user interface (GUI) accessible via a desktop or laptop computer, as well as mobile smart devices such as tablets or smartphones.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.66 -0.09%
FB $118.58 0.85%
GOOG $698.30 0.76%
TSLA $241.82 0.44%
YHOO $36.53 -0.19%


Chart of I:DJI
DOW 17,891.16 +117.52 0.66%
S&P 500 2,081.43 +16.13 0.78%
NASDAQ 4,817.5940 +42.2360 0.88%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs