Products & Services
As one of the original discount broker established in 1979, our goal is to offer exceptional service to individual investors, corporations, money managers, hedge fund managers and other investment professionals.
York Securities is a member of FINRA and SIPC. All accounts will be carried by the clearing agent, Ridge Cleaing & Outsourcing Solutions, a division of BroadRidge Financial Solutions (NYSE symbol "BR").
York has a reputation for ensuring that orders are placed in the most effective manner possible. Thus, most listed orders are executed DIRECTLY on the New York Stock Exchange or American Stock Exchange.
We DO NOT sell your listed orders for payment for order flow!
Experienced traders know the value of our high-quality order executions. The example below demonstrates the power of price improvement...
Quote of XYZ Stock: 31.25 to 31.50.
An order is given to Buy 2,000 shares "at the market."
The Specialist guarantees execution at no more than quoted offer of 31.50, executes trade at 31.40.
Price improvement is the difference between guaranteed price (31.50) and execution (31.40)--or .10 (10 cents) per share.
2,000 shares multiplied by 10 cents = $200 Price Improvement!
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The inside Best Bid, Best Offer Quote is the worst you should do, that is why we place your order on the Principal Exchanges. It costs York Securities NYSE fees, however we feel the savings to our clients is well worth the added costs.
Examples of Products and Services for York Clients...
- Professional Handling of Options—YORK's staff has the extensive knowledge and skill needed to handle all types of Options orders efficiently and without delay. Give us virtually any type of order—Spreads, Nakeds, Straddles—and we will execute it professionally. For those investors that trade on margin, you will be happy to know that YORK has very competitive margin rates.
- Free Checking —As a service to our clients, York offers Free Checking on money market accounts! No monthly fees!
- Institutional Quality Executions —Our institutional executions of securities have run as high as $100 million monthly.
- Free Research Information —A free S&P Stock Guide and reports on NYSE, AMEX and more than 1,000 OTC companies are available to all clients of York Securities. Online customers will have access to extensive information about investment information via our web site.
- Account Protection —Accounts carried by the clearing firm, Ridge Clearing & Outsourcing Solutions, Inc. All accounts are protected through the Securities Investor Protection Corporation (SIPC). SIPC provides protection up to a $500,000 limit, of which $100,000 may be for cash balances. Ridge Clearing provides additional protection ("Excess SIPC") through Customer Asset Protection Company, a licensed Vermont insurer. Account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments, and does not cover all assets. For a full description of the assets and securities that are covered, please visit SIPC.org or Capcoexcess.com
- No Transaction Fees* on Mutual Funds! —YORK offers over 4000 mutual funds, including 1700 no-load funds with No Transacton Fees. (*Funds must be held at least 30 days or $70 transaction charge will apply).
- High Yielding Money Markets — Earn competitive rates of return on your free cash balance with the high yielding money market fund of your choice.
- Easy Access to Quotes—Day or Night —YORK offers 24-hour access to stock quotes via our Internet Web Site. During business hours, you can also receive quotes via phone.
- Personalized Service —Your calls are answered immediately by a registered account representative and NOT routed through an automated phone system! YORK believes that a client's time is too important to be wasted in this way. All E-mails are answered as soons as possible in the order they are received (send E-mail to info@yorksec.com).
- Free Dividend Reinvestment — Cash dividends from stocks may be reinvested for free, fractional shares available.
- All Types of Investments in One Account
- Stocks
- Options
- Mutual Funds
- Government Bonds
- Corporate Bonds
- Tax-Free Bonds
- Zero Coupons
- Ginnie Maes
If you would like more information on a product or service displayed above, or if you did not find what you are looking for, please contact us.
Open your new individual, joint, or custodial (for a minor) account online. (Click on the Open New Account button on the top-navigation bar). If you would like to open an IRA or other type of specialized account (i.e. corporate, trust, pension plan, LLC, partnership, etc.), please visit Forms.
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