Equity Sales & Trading

Our Equity Sales & Trading group of more than 125 professionals serves equity investors, delivering institutional sales and trading services to more than 1,300 institutional accounts in the United States, Canada, Europe, Australia and Asia. Our primary clients include mutual funds, hedge funds, money managers, endowments, foundations, banks, insurance companies and pension and profit-sharing plans.

FBR Capital Markets has a highly effective, differentiated distribution capability based on long-standing relationships with a wide cross-section of institutional capital markets clients.  We believe our sales and trading professionals are distinguished by their in-depth understanding of the companies and industries on which we focus. The Equity Sales & Trading team works closely with FBR Capital Markets’ research analysts to provide the most up-to-date information to institutional clients. Our sales professionals rely on discussions with the research analysts at two or more daily sales meetings, as well as on the distribution of, and frequent updates to, research reports.

We actively trade on behalf of clients and make markets in almost 1,000 stocks traded on the New York Stock Exchange listed and NASDAQ Over-The-Counter markets and trade more than $100 billion of securities on a per annum basis.  Beginning in 2009, we began making markets in selected stocks traded on the London Stock Exchange and Euronext.  In addition to agency trading in listed securities markets, we act as market-maker in NASDAQ and other over-the-counter securities. We rank as one of the largest distributors of the shares of small- and mid-cap companies in public and private securities offerings and have deep trading expertise in the seven vertical industry groups in which our Investment Banking and Research teams specialize.

Research is provided by FBR Capital Markets & Co.(FBRC) Research department, which is independent from the Investment Banking department of FBRC and has the sole authority to determine which companies receive research coverage and the recommendation contained in the coverage.  In the normal course of its business, FBRC seeks to perform investment banking and other fee generating services for companies that are the subject of FBRC research reports.  Research analysts are eligible to receive bonus compensation that is based on FBRC’s overall operating revenues, including revenues generated by FBRC’s Investment Banking department.  Specific information is contained in each research report concerning FBRC’s relationship with the company that is the subject of the report.