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News Releases

  • COR Clearing Offers Portfolio Margin Accounts

    COR Clearing LLC, the leading independent, full-service clearing firm serving U.S. middle-market brokerages, today announced the addition of portfolio margin accounts to its broad service offerings to introducing firms. Portfolio margin accounts allow customers to get more trading leverage on their portfolios, hedge risk and improve day-trading functionality.

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    — November, 2017

  • COR Clearing Announces Expansion of Securities Lending Team and Services

    COR Clearing LLC, the leading independent, full-service clearing firm serving U.S. middle-market brokerages, named Thomas Palmeri as head of its Edison, N.J.-based Securities Lending team and announced expanded service offerings and staffing.

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    — November, 2017

  • COR Clearing Announces Status as IRS Approved Custodian for all Retirement Plans and Services

    COR Clearing LLC, the leading independent, full-service clearing firm serving U.S. middle-market brokerages, announced approval from the Internal Revenue Service to perform as a non-bank trustee or custodian on retirement accounts.

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    — April, 2015

  • COR Clearing New Location

    COR Clearing has signed a lease for a 20,000 square foot floor at the 1200 Landmark Center—about 25% more space than we have today. We are now working with architects and contractors to build it out for our needs, and expect to move into our new home in the first part of next year.

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    — January 2014

  • Legent Clearing Renamed COR Clearing

    Legent Clearing, LLC, the leading independent correspondent clearing rm, announced today that it has changed its name to COR Clearing LLC. The company will begin operating under the new name effective immediately.

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    — September 2012

  • COR Securities Holdings Inc. Acquires Legent Clearing LLC

    COR Securities Holdings Inc. (“COR Securities”) announced today that it has acquired Legent Clearing LLC (“Legent”), an independent securities clearing firm. As a result of the transaction, Legent’s equity capitalization has been initially increased by approximately $20 million.

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    — January 2012