CF Global’s commission management program provides global asset managers with a streamlined solution for managing commission targets in the course of global equity trading. We also offer operational expertise and security when it comes to monitoring commission targets, handling research payments, reporting, and allocation.
Within the context of best execution, our desk can help manage your commission spend day-to-day to ensure commission targets are met. We can provide daily and monthly reporting via our OMS, which was built to report seamlessly on execution vs research commission, with breakdowns per fund or per broker to help with reconciliation.
CF Global has deep experience helping clients manage the research payments process globally, across multiple regulatory jurisdictions. We work with a multitude of global independent research providers specializing in many different areas, and will introduce clients to new research services that may be of interest to them.
Vendor payments are made in a timely manner and all payments are pre-approved by the client. Monthly statements are available within the first few days of the following month, and personalized reports are prepared at the client’s request. On all our reports it is easy to identify the portion of the commission, or research credit, on each trade that is being allocated for research payments.
CF Global can assist with setting up a process to handle Commission Share Agreements, Commission Recapture Agreements, and Research Payment Accounts, depending on the appropriate jurisdiction.