Merlin is an introducing broker to J.P. Morgan Clearing Corporation and Goldman Sachs (GSEC), and, in Canada, National Bank of Canada.
J.P. Morgan Clearing Corporation
Offers securities clearing, custody, order execution, settlement, and lending services to traders, hedge fund managers, broker-dealers, and investment advisors. (www.jpmorgan.com)
Goldman Sachs Execution & Clearing (GSEC)
Provides trade execution and clearing services to institutional clients such as corporations, mutual funds, hedge funds, pension funds, central banks, and other broker-dealers. (www.goldmansachs.com)
National Bank of Canada
National Bank of Canada—through Merlin Canada, LTD., our IIROC registered Canadian Broker Dealer, Merlin clients can custody assets with the National Bank of Canada Correspondent Network (NBCN). NBCN is an independent, wholly owned subsidiary of National Bank Financial. The sole business of NBCN is to provide clearing and brokerage services to independent securities firms, financial planners, investment counsellors and money managers. At present, there are over 100 independent financial service firms with NBCN entrusting us with over $47 billion in assets under administration. (www.nbc.ca)