Institutional
Equity

Rice Financial’s Equity Sales and Trading Desk develops tailored solutions for institutional investors navigating today’s increasingly complex markets. Our traders provide execution services in global equities and U.S. options on an agency-only basis, offering extensive experience with single stock, program trading, corporate share repurchase, single-leg and complex options. The Rice equity desk is a live agency trading desk, covering the majority of developed, emerging and frontier markets.

Rice’s veteran equity professionals have a proven track record estimating market condition impact and assessing liquidity. We track events in the news around the clock, buying and selling securities in real time for clients. The firm’s full-service, in-house trading capabilities allow us to assist clients with agency-only, non-conflicted, and anonymous trade execution services, as well as corporate buyback programs. Rice has access to more than 100 different liquidity sources from over 20 vendors and executes on behalf of numerous prominent global institutions.

Rice Financial’s equity operations team has decades of experience in global post-trade allocation, average price deliveries through DVP, and corresponding clearing between broker-dealers to lower cost. We add value in significant ways, including offering the best available algorithms through our longstanding institutional relationships. Rice’s traders provide clients with superior execution services while utilizing our extensive and expanding local broker network. Rice Financial facilitates a wide range of derivative transactions for institutions, hedge funds and asset managers. Our desk has a unique vantage point in the Delta One landscape, enabling us to uncover liquidity for both listed and OTC products.

Rice also offers electronic direct-access solutions for clients who prefer self-directed order flow to our many liquidity sources and for algorithmic models through a proprietary API in native and fixed protocol. We accommodate FIX connectivity and support OMGEO Suite for our clients, and all transactions are cleared through RBC Capital Markets.

Contact

Michael Liciardello
Head of Equity Sales and Trading

(212) 908-9281
michael.liciardello@ricefin.com

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