The group's principal activity to provide brokerage and dealership services to individual and institutional customers. The group operates through its subsidiaries in two segments: specialist and execution and clearing. The specialist segment includes labranche and co llc (labranche) and labranche structured products llc. The segment provides specialist services in equity securities and options listed on the New York stock exchange (nyse) and the American stock exchange (amex). Labranche and co bv is a dutch subsidiary that provides client services to labranche's European listed companies. The execution and clearing segment consists of the operations of labranche financial services inc, a member of the nyse. It provides securities clearing and execution, direct-access floor brokerage and other services.
