Salvatore Caruso

Founded in 1998 by Salvatore Caruso, Legend Securities, Inc. is a securities brokerage and investment banking firm located in New York City. The firm is a subsidiary of International Monetary Corp. and their ultimate parent is Stocktrade Network, Inc. They provide a variety of services including institutional execution services and proprietary trading, as well as full service brokerage and investment baking services. Legend Securities' clients include high net-worth individuals and corporate clients. The firm is a member of FINRA and the SIPC and is registered with the MSRB. Their products and services cover all major asset classes including stocks, bonds, mutual funds, options, cap intro and block order trading. The firm's securities and funds clear through Penson Financial and Wedbush Morgan Securities. To their institutional clients, Legend Securities offers an unbiased trading approach and access to all of the major liquidity venues, dark pools and exchanges. The firm assists clients in finding transparency in all areas of the global market. Legend Securities' trading team has expertise in: (1) block order management (2) basket trading for equities and options (3) options execution and spreads with equity legs (4) fixed-income and (5) algorithmic trading. The firm offers a variety of services to domestic and foreign hedge funds including execution services, cap intro and assisting in the mitigation of risk among a fund's prime brokers. Legend Securities' DMA technology provides: (1) smart or controlled order routing (2) portfolio allocation (3) risk management (4) basket trading (5) trading across multiple accounts (6) block orders (7) full customization and (8) open architecture including FIX protocol and API connectivity for black box trading. They also have significant expertise in trading large orders of small-cap or less liquid stocks. In addition, the firm provides soft dollar services for funds seeking a 'one-stop shop' for accounts payable to all their vendors. Legend Securities also provides a wide range of products and services for their individual clients including: (1) stocks (2) bonds (3) mutual funds (4) options (5) Ginnie Mae's (6) collateralized mortgage obligations (CMOs) (7) municipal bonds (8) U.S. Government securities (9) corporate bonds (10) limited partnerships (11) private placements (12) cash management accounts (13) real estate investment trusts (REITs) (14) unit investment trusts (UITs) and (15) money market funds.