Kenneth Grossman - Global Brokerage CEO, Director
CEO
Mr. Kenneth A. Grossman was appointed as Chief Executive Officer, Director of the Company. Mr. Grossman served on the board of our predecessor, Global Brokerage Holdings, LLC, from 1999 to 2010 and continues to serve on the Board today. Mr. Grossman was a Managing Director of the Company since 1999 and is one of the founding partners of the firm. From 1999 to 2007, Mr. Grossman served as the Companys Chief Financial Officer. Prior to cofounding the Company, Mr. Grossman served as Chief Financial Officer and in other senior management roles at Berisford Capital Markets since 2017.
| Age | 51 |
| Tenure | 8 years |
| Phone | 877 373 6374 |
| Web | https://ir.globalbrokerage.info |
Global Brokerage Management Efficiency
Global Brokerage's management efficiency ratios could be used to measure how well Global Brokerage manages its routine affairs as well as how well it operates its assets and liabilities.Global Brokerage currently holds 293.09 M in liabilities with Debt to Equity (D/E) ratio of 0.62, which is about average as compared to similar companies. Global Brokerage has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Global Brokerage until it has trouble settling it off, either with new capital or with free cash flow. So, Global Brokerage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Global Brokerage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Global to invest in growth at high rates of return. When we think about Global Brokerage's use of debt, we should always consider it together with cash and equity.
Similar Executives
| Found 3 records | CEO Age | ||
| Douglas Peterson | SP Global | 61 | |
| Daniel Draper | SP Global | 52 | |
| Raymond McDaniel | Moodys | 63 | |
Management Performance
| Return On Asset | 0.0012 |
Global Brokerage Leadership Team
Elected by the shareholders, the Global Brokerage's board of directors comprises two types of representatives: Global Brokerage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Brokerage's management team and ensure that shareholders' interests are well served. Global Brokerage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Brokerage's outside directors are responsible for providing unbiased perspectives on the board's policies.
| David Sakhai, COO, Director | ||
| Evan Milazzo, Ex Technology | ||
| Kenneth Grossman, CEO, Director | ||
| David Sassoon, General Counsel, Secretary | ||
| Jaclyn Sales, Vice President - Communications | ||
| Margaret Deverell, Chief Controller |
Global Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Global Brokerage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Asset | 0.0012 | ||||
| Profit Margin | (0.34) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | (286.2 M) | ||||
| Shares Outstanding | 6.14 M | ||||
| Number Of Shares Shorted | 772.63 K | ||||
| Price To Earning | (0.10) X | ||||
| Price To Sales | 0 X | ||||
| Revenue | 129.24 M | ||||
| Gross Profit | 96.98 M |
Pair Trading with Global Brokerage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Global Brokerage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Global Brokerage will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Caterpillar could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Caterpillar when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Caterpillar - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Caterpillar to buy it.
The correlation of Caterpillar is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Caterpillar moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Caterpillar moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Caterpillar can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in Global Pink Sheet
If you are still planning to invest in Global Brokerage check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Global Brokerage's history and understand the potential risks before investing.
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