Category: Greg Hold News

Hold Brothers announces new updates to proprietary Graybox™ software

Hold Brothers’ proprietary Graybox™ software is designed to help maximize traders’ ability to perform quickly and competitively. Hold Brothers has a team of expert in-house developers devoted full-time to keeping Graybox up to date and on the leading edge.

Hold Brother’s Chairman and CEO, Gregory Hold explains, “Our goal with Graybox is to maximize traders’ ability to perform in any market environment by offering customizable solutions for any trading style. We encourage traders to give their input to the software team. Trader suggestions are implemented in subsequent versions of Graybox so we can continue to best fit their trading needs.”

Significant updates to Graybox in version 5.3 include:

  • Added ARCA imbalances (available in Level 1 control of the Market Maker window and the Boardview/Baskets window)
  • Level 1: Added VWAP (volume weighted average price) field
  • Multiple enhancements for the Graybox API
  • Faster cancel when cancelling multiple orders
  • Added IEX as an exchange in the quote/time and sales montage
  • Multiple enhancements for charts, including bug fixes and stability issues. Some of the issues fixed include:
    Issues with weighted moving average
    Volume bars
    Some 1-2 minute bars where incorrect
  • 64-bit version now available for Graybox
  • New desktop icon and splash screen
  • Fixed issue with SuperECN key and floating buying power limitations
  • Fixed issue with LULD (limit up/limit down) price not updating
  • General performance and stability improvements

 

Other benefits to Graybox include:

  • Fast Quotes – Integrated Level II and direct ECN Books provide super-fast quotes interfaces
  • Built in data center and risk management system
  • Fast Executions – Direct executions with major exchanges and ATS’s
  • A scalable execution system with in-built redundancy
  • Keystroke shortcuts for 80 possible functions let you trade at the touch of a button

 

For more information on Graybox, visit http://www.holdbrothers.com/proprietary-software

 

About Hold Brothers

Hold Brothers Capital is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit http://www.hold.com.

 

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE and FINRA member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

 

Contact Information

Vera Shulgina

Hold Brothers Capital, LLC

http://www.hold.com

646-745-2140

 

Hold Brothers Upgrades Trading Floor in Hoboken

HOBOKEN, NJ SEPTEMBER 14, 2016

Hold Brothers*, a leader in proprietary trading, trading technology, and support services, solutions for individual and group traders, has recently upgraded their trading floor in Hoboken to better serve their traders and allow for expansion.

The new Hold Brothers trading floor now resides on Hudson Street in Hoboken and neighbors Hoboken City Hall, the waterfront, and the PATH Station; it’s like being one “subway” stop from Manhattan. Gregory Hold, CEO of Hold Brothers says, “We are pleased to continue our growth in 2016 with the addition of a larger trading space that is easily accessible by traders in New Jersey and Manhattan. This location is nostalgic for us since the company started in Hoboken in 1994 just a few blocks away and we are happy to return to our roots. Traders looking for an on-site trading opportunity are encouraged to reach out to our careers team.”

About Hold Brothers

Hold Brothers is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit: http://www.hold.com.

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and FINRA and CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC

5 Lessons From My Summer Internship at Hold Brothers

From Hold Brothers summer intern Ian Bolger:

 

This summer, I had the opportunity to intern with Hold Brothers in Midtown Manhattan. I had a great experience and learned lessons that I can take home and apply to all other areas of life. Here are takeaways from my five weeks at Hold Brothers:

1. Thoroughness is essential for smooth transactions

Working on numerous projects, it became clear that conducting proper vetting, keeping meticulous records as well as being prepared to answer any questions with certainty are three critical factors in business exchanges.

2. Always have a plan B to resolve issues quickly

When working with banks and learning about market restructuring and regulatory changes that can affect business operations, it quickly became clear that backup plans are necessary at all times.

3. It is not only about the end results, but also about the hard work that gets you there

Some results were not what I expected. It was important to be able to look beyond past results and focus on the work that will help achieve success.

4. The ability to communicate effectively can take you far in life

Direct and persistent communication at all steps during the transaction process fostered positive results and made success much more attainable.

5. New York City is a beautiful place to live, but the morning commute is entirely unpredictable

Gregory Hold, CEO represents Hold Brothers at the America’s Cup World Series New York

Gregory Hold Americas Cup World Series

The Hold.com sail flew prominently at the 35th Louis Vuitton America’s Cup World Series New York.

This weekend’s event heralded the return of the America’s Cup to New York after 96 years. Beginning in 1851, the history of the America’s Cup provides an interesting look into the competitive world of yacht racing. The America’s Cup is the oldest trophy in international sport, pre- dating the modern Olympics by 45 years, and is yachting’s biggest prize.  In more than 150 years, only four nations have won.

The Louis Vuitton America’s Cup World Series is the first stage of competition in the 2017 America’s Cup that began last summer.  The current defender of the America’s Cup is Team Oracle and challengers are competing for a chance to take on Oracle Team USA in the Americas Cup finals.  That match race is scheduled for June 2017 on the Great Sound of Bermuda.

The race was televised globally as over 75,000 people watched the sailing from the shores of Battery Park.  Gregory Hold, CEO of Hold Brothers, represented the company: “The opportunity to represent Hold Brothers at the America’s Cup comes around once in a lifetime and it was a privilege to have a presence at such a historic event.”

 

About Hold Brothers

Hold Brothers is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit: http://www.hold.com.

 

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

Contact Information

Vera Shulgina

Hold Brothers Capital, LLC

http://www.hold.com

646-745-2140

 

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Gregory Hold, CEO of Hold Brothers, Places Third in the Funniest in Finance Comedy Competition

gregory-hold-hold-brothers-bio-picGregory Hold took home third place in the Funniest in Finance Comedy Contest on June 14, 2016. The contest took place at the Gotham Comedy Club in Manhattan, New York.  Contestants performed in front of a sold out crowd of over 300 people.

The competition was preceded by two nights of semifinal competitions where contestants were eliminated. Financial services professionals with a comedy hobby performed in the live comedy show. The top place of the night was taken home by Feraz Shere. Fenelol Guillaume took home second place. Greg Hold finished in third place, and Michelle Cohen finished one spot behind in fourth.

During the day, Gregory Hold oversees the operations of his electronic trading company, Hold Brothers Capital. Hold Brothers, and its affiliates, provide capital, software, market access, and risk management to approximately 700 professional traders worldwide. Greg has run the business since 1994; “I enjoy comedy because it serves as a contrast to the day to day management of a brokerage firm. It was exciting to compete in the comedy contest at Gotham this past Tuesday in front of a packed house. The crowd was lively and created a charged atmosphere for the performers.”

 

About Hold Brothers

Hold Brothers Capital is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit http://www.hold.com.

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

 

Contact Information

Vera Shulgina

Hold Brothers Capital, LLC

http://www.hold.com

646-745-2140

 

Gregory Hold at the New York Trader’s Expo

The International Traders Expo New York was held earlier this year at the Marriott Marquis in New York.  Gregory Hold was among the Hold Brothers attendees for the 3-day event where people held conversations about all the latest technologies, tools, and investment opportunities.

Greg Hold and two colleagues at the Hold booth.

Gregory Hold Trade Expo

 

Hold Brothers Relocates to Midtown Manhattan

hold-brothers-logoNEW YORK –   Hold Brothers*, a leader in trading technology and support services, solutions for individual and group traders, has recently moved from their location in Jersey City, NJ to midtown Manhattan to better serve their traders from a central location.

Hold Brothers spent 20 years in Jersey City, and experienced considerable growth during their time there.  They were honored to be part of the Jersey City community and wish them continued success.

The Hold Brothers headquarters now resides at 10 W 46th Street in New York City, and neighbors the Bank of America Financial Center, the Bank Leumi Leasing Corporation, and the Philippine Consulate General.  It is one block away from the Diamond District and two blocks away from Times Square.

46th Street is also known as “Little Brazil Street.”  It was once considered home to many Brazilian immigrants, and it remains the source of some of New York’s best Brazilian restaurants. Restaurant Row is also located a few blocks from the new Hold office.

 

About Hold Brothers

Hold Brothers is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit: http://www.hold.com.

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

Contact Information

Vera Shulgina

Hold Brothers Capital, LLC

http://www.hold.com

646-745-2140

Hold Brothers Hires New Compliance Officer

hold-brothers-logoRobert Ricca To Join Compliance Department

April 19, 2016

NEW YORK, NY –   Robert Ricca has recently joined Hold Brothers* as their new Co-Chief Compliance Officer.

A Staten Island resident, Ricca has previously worked with RJL Capital Group, Du Pasquier Asset Management Corinthian Partners Asset Management, and Davis Securities – where he also served as Chief Compliance Officer.

“It is indeed a pleasure to join such an established and professional industry leader in the proprietary space,” says Ricca. “I look forward to adding my experience to the firm’s already excellent compliance culture.”

As Co-Chief Compliance Officer for Hold Brothers, Robert Ricca will focus on maintaining and improving the firm’s anti-manipulative trading endeavors in order to enhance the firm’s position of achieving the highest possible market integrity.

About Hold Brothers

Hold Brothers is a leader in providing equities traders with the tools they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the global trading industry. For more information, please visit: http://www.hold.com.

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

For more information contact:

Vera Shulgina, sales@hold.com, 212-792-0900

Hold Brothers Celebrates 10 Years in India

Hold Brothers, an electronic trading pioneer, is celebrating its 10th anniversary of maintaining its operation in India.

hold-brothers-logoHold Brothers*, an electronic trading pioneer, is celebrating its 10th anniversary of maintaining its operation in India. Formed as On-Line Investment Services, Inc. in 1994, the firm has been a leader in direct access equity trading and high-speed trading software.

In 2006, Hold opened its first India office primarily for software development. The team of developers based in India is made up of industry experts whose goal is to maximize a trader’s ability to perform faster and more competitively in the equity trading marketplace. The end product of this goal is Graybox, a software which is built around offering high-availability, high-speed market liquidity access. Risk management is also important to traders, and the software has an extremely comprehensive system to monitor their positions.

Over the last 10 years, Hold Brothers software has continually evolved to meet changing market and trader needs. According to Sankar Mugam, a Graybox project manager, “Graybox is unique because the functionality built into the platform allows for the highest possible level of trader customization. The system is also ‘live’, as updates are being added frequently.”

“We are proud of Hold Brothers’ legacy of leadership in trading software,” said Gregory F. Hold, CEO, Hold Brothers. “As the market continues to restructure, Hold Brothers is continuing to update its systems to offer solutions that help traders achieve their goals. Our developers, trade support team, and news department also continue to be an outstanding part of our operation. We are excited about the prospects ahead.”

About Hold Brothers
Hold Brothers is a leader in providing equities traders with the tools and information they need to execute trades quickly, effectively and efficiently, in any market environment. Since 1994, Hold Brothers has been committed to developing flexible and cutting-edge technology designed to meet the changing demands of the trading industry. For more information, please visit: http://www.hold.com.

*Hold Brothers is the marketing name for Hold Brothers Capital, LLC, (a registered broker-dealer and a CBOE member) and its affiliates. All securities activities and transactions are handled through Hold Brothers Capital LLC.

Contact Information
Vera Shulgina
Hold Brothers Capital, LLC
http://www.hold.com
646-745-2140