Disclaimer

The material on this website has been prepared by MKM Partners LLC, (“MKM”) a U.S.-registered broker-dealer. This material is provided for informational purposes only and is not an offer or solicitation of any investments or investment services. Not all investments or investment services described are available in all US states. The testimonials may not be representative of the experience of other clients and not indicative of future performance or success.

Customer Notice

Important Information About New Accounts

In compliance with the USA PATRIOT Act and other applicable regulations, we are required to obtain, verify, and record information that identifies each customer who opens an account.

When you open an account, we will ask for your name, address, date of birth (for individuals), identification number, and other information that will allow us to identify you. We may also ask you to provide copies of identifying documents (e.g., driver’s license), or documents of formation (e.g., articles of incorporation), as applicable. We may be required to disclose this information pursuant to applicable laws, rules or regulations, but it will otherwise be retained in confidence according to our Privacy Policy.

Privacy Policy

Your Privacy is Important to Us

At MKM Partners LLC, we strive to build a relationship with our clients based on trust. This is reflected in everything we do, including the way we handle our clients’ nonpublic personal information. The following disclosure explains what personal information we collect, what we do with that information and the steps we have put in place to protect the nonpublic personal information you have entrusted to us.

Information We Collect

From time to time, we gain access to your personal information through

  • Our interaction with you on the telephone, in person or through e-mail
  • Account Applications or other forms you complete
  • Transactions in your accounts or on your behalf
  • Our website
  • Trading tools or other information tools we may make available to you
  • Third parties with whom we deal, such as consumer-reporting agencies, to verify information we receive from you and your credit worthiness.

Information We Disclose

It is MKM’s policy not to disclose any of your nonpublic personal information to third parties without your consent, unless those parties are providing services or support to us and have agreed to keep your nonpublic personal information confidential. Examples of these parties include the company we use to prepare and mail your account statements or to perform our internal auditing. Even if you cease to transact business with MKM, we will continue to apply the same protections to your nonpublic personal information as we did when you were an active client.

Protecting Your Information

MKM protects your nonpublic information from access by third parties by maintaining physical, electronic and procedural safeguards. We limit access to your information to those employees who are trained in the proper handling of nonpublic client information and who need access to the information to perform their job functions.

Trading Disclaimers

Extended Hours Trading

Customers should note the following risks in connection with trading outside of regular market hours:

  • Risk of Lower Liquidity. Liquidity refers to the ability of market participants to buy and sell securities. Generally, the more orders that are available in a market, the greater the liquidity. Liquidity is important because with greater liquidity it is easier for investors to buy or sell securities, and as a result, investors are more likely to pay or receive a competitive price for securities purchased or sold. There may be lower liquidity in extended hours trading as compared to regular market hours. As a result, your order may only be partially executed, or not at all.
  • Risk of Higher Volatility. Volatility refers to the changes in price that securities undergo when trading. Generally, the higher the volatility of a security, the greater its price swings. There may be greater volatility in extended hours trading than in regular market hours. As a result, your order may only be partially executed, or not at all, or you may receive an inferior price in extended hours trading than you would during regular markets hours.
  • Risk of Changing Prices. The prices of securities traded in extended hours trading may not reflect the prices either at the end of regular market hours, or upon the opening of the next morning. As a result, you may receive an inferior price in extended hours trading than you would during regular market hours.
  • Risk of Unlinked Markets. Depending on the extended hours trading system or the time of day, the prices displayed on a particular extended hours system may not reflect the prices in other concurrently operating extended hours trading systems dealing in the same securities. Accordingly, you may receive an inferior price in one extended hours trading system than you would in another extended hours trading system.
  • Risk of News Announcements. Normally, issuers make news announcements that may affect the price of their securities after regular market hours. Similarly, important financial information is frequently announced outside of regular market hours. In extended hours trading, these announcements may occur during trading, and if combined with lower liquidity and higher volatility, may cause an exaggerated and unsustainable effect on the price of a security.
  • Risk of Wider Spreads. The spread refers to the difference in price between what you can buy a security for and what you can sell it for. Lower liquidity and higher volatility in extended hours trading may result in wider than normal spreads for a particular security.
  • Risk of Lack of Calculation or Dissemination of Underlying Index Value or Intraday Indicative Value (“IIV”). For certain Derivative Securities Products, an updated underlying index value or IIV may not be calculated or publicly disseminated in extended trading hours. Since the underlying index value and IIV are not calculated or widely disseminated during the pre-market and post-market sessions an investor who is unable to calculate implied values for certain Derivative Securities Products in those sessions may be at a disadvantage to market professionals.

Handling of Block Orders Under FINRA’s Front Running Rule

The following is being provided pursuant to FINRA Rule 5270 regarding Front Running of Block Transactions. We are required to provide clients with the following information concerning the placing of block trading orders and how those block orders are handled: MKM Partners LLC and its trade routing destinations may trade principally at prices that would satisfy your block trading order when the principal trades are unrelated to your block order. When the principal trades are not unrelated, we or our trade routing destinations may trade principally ahead of, or alongside, your block order for the purpose of fulfilling, or facilitating the execution of, your order. For these orders you may instruct us that you do not wish us or our trade routing destinations to trade principally ahead of, or alongside, your order. However, such instruction will limit the range of execution alternatives that we are able to offer. A copy of Rule 5270 can be obtained at FINRA. Please contact your MKM Partners sales representative if you require more information regarding how your block orders are handled.

For more information, please contact MKM Partners Compliance Department at (203) 861-9060.

Order Routing Information

MKM Partners has prepared reports pursuant to a U.S. Securities and Exchange Commission rule requiring all brokerage firms to make publicly available quarterly reports on their order routing practices. The reports provide information on the routing of “non-directed orders” – any order that the client has not specifically instructed MKM Partners to route to a particular venue for execution. For these non-directed orders, MKM Partners has selected the execution venue on behalf of its clients. Each report identifies the venues most often selected by MKM Partners, sets forth the percentage of various types of orders routed to the venues, and discusses the material aspects of MKM Partners relationship with the venues.

Click here to view MKM Partners SEC Rule 606 Order Routing Information.

Business Continuity Plan

MKM Partners LLC maintains a Business Continuity Plan (BCP) consistent with regulatory requirements. We are providing this disclosure statement to our clients summarizing the BCP. The BCP is reviewed annually and may be updated at any time.

MKM Partners LLC is an introducing firm and does not perform clearing functions for itself or others. We do not hold customer’s securities or funds. Broadcort, a division of Merrill Lynch, Pierce, Fenner, & Smith Incorporated., clears and settles all MKM Partners LLC transactions.

Our clearing firm, Broadcort, maintains a business continuity plan and the capacity to execute that plan (http://gmi.ml.com/broadcort/index.asp). Our clearing firm represents that it will advise us of any material changes to its plan that might affect our ability to maintain our business and presented us with an executive summary of its plan. In the event our clearing firm executes its plan, it represents that it will notify us of such execution. Our clearing firm represents that it backs up our records at a remote site and that it operates a back-up operating facility in a geographically separate area with the capability to conduct the same volume of business as its primary site. Our clearing firm has also confirmed the effectiveness of its back-up arrangements to recover from a wide scale disruption by testing, and it has confirmed that it tests its back-up arrangements.

Our BCP is designed to be activated in the event of a Significant Business Disruption (SBD). The BCP attempts to continue operations if an event were to occur that would impact the firm’s business locations or systems. We anticipate a variety of significant business disruptions and the actions MKM Partners LLC would take in the event of a building, town-wide or regional incident. The BCP provides that after performing an initial assessment of the event, the CEO or CFO would execute our BCP.

Under most scenarios, we expect to continue conducting business and resume operations with minimal service impact. However, under certain scenarios, the time it takes us to recover and resume operations maybe significantly increased depending on the extent of the disruption to our systems and physical structures.

Clients may be kept up to date on the potential business disruption scenarios by accessing www.mkmpartners.com . They may also call our trading department at telephone number (203) 861-9060 to get information about accessing their securities and funds at our clearing firm.